Amid ongoing tensions in the Middle East between Israel and Iran, a commodities expert says he expects oil prices to remain ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

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The EIA revealed on Tuesday that the United States imported over 30 million barrels of crude oil from OPEC countries in May.

India has voiced concerns to U.S. lawmakers over a proposed 500% tariff on goods from countries purchasing Russian oil, ...

The Organisation of the Petroleum Exporting Countries (OPEC) has projected a potential shortfall of 23 million barrels per day (bpd) ...

The Organisation of the Petroleum Exporting Countries (OPEC) has projected a 23 million barrels per day oil supply shortfall by 2023 without upstream investments of up to $17.4 trillion. It said the ...

The Organisation of Petroleum Exporting Countries (OPEC) says its research estimates a huge oil market deficit of 23 million ...

(Reuters) -Brent crude will likely retrace to around $60 per barrel by early next year, with the market being well supplied ...

The OPEC Fund For International Development has pledged to provide more than $1bn in funding to Africa and developing ...