The White House imposed sanctions on Iran’s oil minister and on more companies and vessels used in the transport of the OPEC ...

Despite softer retail inflation, investor sentiment remained low amid escalating trade tensions. Front-line indices like ...

Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on ...

Kuwait’s Council of Ministers approved a draft decree that paves the way for the OPEC-member Gulf state to sell debt for the ...

Scott Sheffield, the shale pioneer who sold his company to Exxon Mobil Corp. and was banned from its board by the US Federal ...

Middle Eastern OPEC+ producers are exporting record volumes of refined petroleum products, potentially mitigating the impact of their crude oil production cuts on the global market.

LONDON (Reuters) - OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output ...

OPEC criticizes the IEA's inconsistent messages regarding oil and gas investment, highlighting a recent "U-turn" from ...

Others, like the United Arab Emirates and Gabon, are also producing slightly above their assigned quotas. This has caused an ...

According to the latest OPEC report, the collective output of OPEC+, which includes OPEC members, Russia and other allies, rose by 363,000 barrels per day (bpd) to 41.01 million b ...

Saudi Arabia's crude oil shipments to its biggest customer, China, are expected to drop to their lowest level in more than a ...