OPEC’s crude oil production rose by 180,000 barrels per day (bpd) to 27 million bpd in May, with producers part of the OPEC+ ...

Any disruption in Iran's oil production may impact global prices as Saudi Arabia and UAE are the only Opec+ members that can ...

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

Why is Saudi Arabia pumping more oil into an already-full market? Riyadh looks fed up with propping up the oil price and ...

Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...

After holding back supply for almost three years to push prices higher, the output curbs are no longer having as much impact, ...

Crude prices have jumped by around 12% in the past week, amid the Israel-Iran conflict and heightened fears of a broader ...

OPEC oil output rose in May, a Reuters survey found, although the increase was limited as Iraq pumped below target to ...

OPEC oil output rose in May by less than the volume planned, a Reuters survey found, as Iraq made further cuts to compensate ...

Brazil joined OPEC+ and this signaled its efforts to be one of the key players in the energy sector. As the eighth biggest ...

Over the weekend, Israeli forces targeted a natural gas plant linked to Iran’s massive South Pars field, its largest gas ...

RIYADH: When Prince Abdulaziz bin Salman was appointed Saudi Arabia's Energy Minister six years ago, he vowed to heed even ...