The European Union has requested an additional 14 billion cubic meters per year from Azerbaijan. This was stated by the ...

VIENNA, July 9. /TASS/. Decisions taken by the OPEC+ reveal that the alliance understands the condition of the oil market and its needs better than anyone else, Energy Minister of the UAE Suhail Al ...

Over the weekend, the group announced a larger-than-expected hike of 548,000 bpd for August, the fourth consecutive monthly increase in output, and signaled another 550,000 bpd rise in September ...

War can lead to ‘complications on energy producers’ and hardships on national economies, Iran’s oil minister warned on ...

VIENNA, July 9. /TASS/. The spare oil production capacity in the global oil sector is declining every year, even in OPEC+ countries, due to underinvestment, Energy Minister of the UAE Suhail Al ...

Fact check: Debunking 11 of Trump’s false claims at Cabinet meeting 'That's the word choice of losers': TX Gov Abbott on who ...

Oil markets are absorbing Opec+ production increases and there has been no major build-up in inventories, which indicates higher demand in global markets, UAE’s energy minister said on Wednesday.

WTI price gains ground amid rising supply concerns following the Houthis' attack in the Red Sea. The implementation of the US ...

The oil market needed the latest super-sized supply increase that OPEC+ announced at the weekend, the United Arab Emirates energy minister said, offering one of the first public justifications for the ...

Average gasoline prices in New York fell 3 cents per gallon in the last week, averaging $3.14/g as the national average saw ...

Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...

NEW YORK] Oil prices edged up to a two-week high on Tuesday on forecasts for less US oil production, renewed Houthi attacks ...