Oil prices are defying the odds right now, rising despite a near-certainty that the oil market will be oversupplied in a ...

U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.

Events in eastern Europe weren’t the only factor driving oil prices higher. OPEC+ agreed to hike production by 411,000 ...

Iraq's oil ministry said on Thursday it holds the Kurdish regional government (KRG) legally responsible for the continued ...

President Bola Tinubu, former Vice President Atiku Abubakar, Vice President Kashim Shettima, and several state governors, ...

Oil prices settled down just over 1% on Wednesday after U.S. data showed surprisingly large build in gasoline and diesel ...

Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...

Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.

Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...

Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in ...

Russia, Oman, and Algeria all expressed reservations ahead of the OPEC+ meeting but ultimately aligned with the consensus to ...

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