Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

Crude oil price rallied to a 12-week high on Monday amid renewed hopes over the commodity’s demand in the new year. While it ...

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

US president Donald Trump’s pledge to lower gas prices has faced challenges as both US and international oil producers are ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

OPEC+ uses secondary sources to help monitor its output as a legacy of historic OPEC disputes about how much oil members were pumping and occasionally alters the list. In March 2022, OPEC+ dropped ...