Analysts said OPEC might not see any urgency to shift policy, as the surge in prices was driven by a rising risk premium ...

Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...

Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...

The West's energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following ...

A delegation from Libya’s Ministry of Oil and Gas has taken part in the 24th Annual Statistical Meeting at the headquarters ...

U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.

OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...

Oil prices climbed on Tuesday as investors awaited the outcome of U.S.-China talks that could pave the way for easing trade ...

OPEC’s secretary-general projects a 24% rise in global oil demand by 2050 and warns of dire consequences from chronic ...

Analysts at Morgan Stanley in a report for clients released earlier Monday tried to match up production from certain OPEC+ members with the unwinding of 2.2 million b/d of cuts. The aggregate ...

"Michigan drivers are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," Adrienne ...

Fatih Birol, executive director of the International Energy Agency (IEA), says the agency is prepared to act if necessary to ...