The crude oil futures market has entered one of its most complex periods in years. Traders are navigating a collision of geopolitical instability, uncertain demand growth, OPEC production strategy, ...

ExxonMobil and Chevron remain in focus as integrated operations help them navigate crude volatility, OPEC supply moves, and ...

China now drives short-term oil price moves as its opaque import patterns, refinery margins, and strategic stockpiling increasingly shape marginal demand and near-term price discovery. OPEC’s ...

The United Arab Emirates’ decision to leave the Organization of the Petroleum Exporting Countries (OPEC) has shaken the global energy governance. The move comes amid a Iran war-driven energy shock and ...

OPEC reacts as required to geopolitical factors but always according to fundamental factors, Secretary General Haitham Al Ghais said DUBAI, July 10. /TASS/. The OPEC position on the issue of oil ...

OPEC+ blindsided oil market participants, again, with a larger-than-expected oil production hike for August. Instead of the widely expected 411,000 barrels per day (bpd), the group of eight OPEC+ ...

DUBAI, April 28 (Reuters) - The United Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when ...

OPEC+ is expected to reaffirm its plan to keep production increases on hold through March, Bloomberg News reported, citing unnamed delegates ahead of the group’s virtual meeting on Sunday. The pause ...

Smaller supply share tests OPEC’s ability to steer prices beyond 2026 OPEC does not set oil prices directly but influences them by adjusting supply. Dubai: The exit of the UAE from OPEC reduces the ...

For most of the past decade, oil markets have treated decisions by OPEC as the primary signal for price direction. That hierarchy is being tested, but not overturned. What has changed is where traders ...