Russia is “flagrantly violating” its agreements with the OPEC oil cartel by concealing the true amount of oil it is producing ...

Yet again, OPEC has postponed plans to increase oil production until at least the end of the year. That drove oil futures ...

Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...

The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...

Saudi Arabia and allied oil producing countries say they will postpone a plan to gradually increase oil output until the end ...

The U.S. government’s auto safety regulator has ended a 2 1/2-year investigation into Ford engine failures after the company ...

The Organization of Petroleum Exporting Countries (OPEC) is very positive on demand for oil in both the short and long term, Secretary General Haitham Al Ghais said at an energy industry event in Abu ...

OPEC’s oil production rose last month as Libya restored output that was halted during a brief political crisis.

OPEC oil output rebounded in October from its lowest this year the previous month as Libya resolved a political crisis, a Reuters survey found, although a further Iraqi effort to meet its cuts pledged ...

The forecasts come amid a slowing Chinese economy, which has significantly hit oil demand and abundant global supply.

Saudi Arabia and allied oil producing countries said on Sunday they would postpone a plan to gradually increase oil output ...

Output for August 2024 was revised higher by 60 kb/d and July 2024 output was revised higher by 54 kb/d compared to last month’s report. The Big 4 may have roughly, 2378 kb/d of spare capacity ...