Over the weekend, the group announced a larger-than-expected hike of 548,000 bpd for August, the fourth consecutive monthly increase in output, and signaled another 550,000 bpd rise in September ...

War can lead to ‘complications on energy producers’ and hardships on national economies, Iran’s oil minister warned on ...

VIENNA, July 9. /TASS/. The spare oil production capacity in the global oil sector is declining every year, even in OPEC+ countries, due to underinvestment, Energy Minister of the UAE Suhail Al ...

Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts.

Oil markets are absorbing Opec+ production increases and there has been no major build-up in inventories, which indicates higher demand in global markets, UAE’s energy minister said on Wednesday.

Sarah Emerson, President of ESAI Energy, talks about OPEC+ latest production hike, summer demand and supply. She speaks to ...

Knight-Swift’s diversified business model and prudent pricing strategies drive resilience. Click here to find out why I ...

OPEC+ has surprised markets with a sharp output increase, citing strong demand and low inventories, and plans to fully unwind ...

Fully kitted in Petralon Energy-branded safety gear, their faces were a portrait of excitement and curiosity. As they made ...

Bob McNally, Rapidan Energy Group founder and president, discusses OPEC+'s recent decision to increase oil production for the ...

The National's Manus Cranny reports from the Opec International Seminar, days after the group agreed a bigger-than-expected ...

WTI price gains ground amid rising supply concerns following the Houthis' attack in the Red Sea. The implementation of the US ...