Ministers and executives from OPEC nations, along with bosses of Western oil majors, stated on Wednesday that increased ...

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

Exxon just warned Wall Street of billion-dollar profit hits. Here's what may cause it. Exxon flags potential hit in profit just as OPEC and allies announce larger production increases. Energy & ...

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 ...

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 ...