Finding support at 6-month lows of around $56.40 per barrel, WTI has rallied just shy of 8.6% in the last three sessions ...

BP shifts focus to oil and gas, streamlines assets, and maintains strong dividends. Explore its turnaround potential and ...

OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after ...

Kuwait’s oil minister said that OPEC is prepared to increase oil production if demand requires it, in comments that came on a ...

The government stopped publishing official output figures after November 2023, just weeks before its departure became ...

Donald Trump’s sanctions on Rosneft and Lukoil, which ship half Moscow’s crude, only sent prices up 5%. Ample non-Russian ...

President Donald Trump’s sanctions crackdown on Russia risks undermining one of the bright spots in the Trump economy: tame ...

OPEC Secretary General Haitham Al Ghais states that significant investment in oil and gas is crucial as these resources will ...

The OPEC Fund for International Development (OPEC Fund) has arranged a US$30 million syndicated loan facility for Evocabank ...

OPEC maintains its bullish forecast for global oil demand growth in 2025 and 2026, driven by robust economic activity and ...

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has said Nigeria will demand a higher oil ...

Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get ...