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

Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...

Russia's chief oil official advocated for OPEC+ oil producers to move forward with their scheduled output increase, citing an ...

Saudi Energy Minister Prince Abdulaziz bin Salman said OPEC+ has become a key guarantor of oil prices and the sector as a ...

The shift in OPEC+ policy suggests that oil prices will come under pressure towards the end of the year. Click to read.

The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels ...

ST. PETERSBURG. June 19 (Interfax) - Oil market volatility benefits no one, and OPEC+ supports stable market development, demand growth and the security of supply, Russian Deputy Prime Minister ...

OPEC+’s latest increase of 411,000 barrels per day (bpd) for July, the third such hike in three consecutive months, suggests ...

Crude oil futures started the week higher as the market weighs doubts about how much extra oil OPEC+ countries have placed on ...

Good afternoon, and happy Juneteenth! If you are off today, we hope you are having a restful Thursday and keeping cool in this heat. Most of the U.S. is in for some scorching temps hitting the 100s ...

The OPEC+ alliance may be boosting oil-production quotas at a significant pace in a push to restart idled capacity, but that ...

Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on regaining lost market share, according to people familiar with the matter.