Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market ...

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

What is WTI Oil? WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, ...

OPEC's priorities include supporting and ensuring global oil market stability to secure reliable, cost-effective, and regular ...

OPEC Secretary General highlights the necessity of oil for energy security and economic growth, advocating for a balanced ...

OPEC on Tuesday said oil market stability is key to investment and global economic development and the producers cartel has been working to provide that stability. Speaking at the India Energy Week, ...

Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...