Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist ...

Oil prices held steady on Friday but remained on track for a weekly fall as investors weighed expectations for increased ...

Separately, the Organization of Petroleum Exporting Countries (OPEC), and its allies, a group known as OPEC+, are currently ...

Oil prices recouped losses on Friday to edge higher, but stayed on track for a weekly fall as investors weighed expectations ...

OPEC raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing growth led by India, ...

John Hess would be prevented from Chevron’s board as part of deal for antitrust approval of a Hess-Chevron merger.

Ghais’s speech in Brazil got off to a rough start after the power went out to the podium and a protester took to the ...

Oil futures rose on Tuesday as China stimulus measures and Middle East tensions boosted sentiment. "There is no peak oil ...

OPEC said Tuesday that phasing out oil was a "fantasy", as the Saudi-led cartel forecast that demand would keep growing until ...

OPEC doubled down on forecasts that global oil demand will keep growing to the middle of the century, an outlier view that ...

The cartel said oil demand is forecast to reach 120.1 million barrels a day in 2050 from 102.2 million barrels a day last ...

The chasm between the two forecasting bodies has widened so much in the past two years that they now hold contrasting views ...