More than eight months after imposing a 20% basic customs duty on crude soybean, palm and sunflower oil, the government has ...

LONDON - Oil prices held steady on Wednesday amid global trade tensions and as ongoing OPEC+ output increases were offset by ...

Oil Prices Flat as Market Weighs OPEC+ Output Hikes, Canada Wildfires Oil rose, and while the market has so far managed to absorb additional supply from OPEC+, continued production ramp up could lead ...

"Supply risks around the Alberta wildfires appear to be receding, at least for now, due to rainfall. Oil producer Canadian ...

ASTANA. June 4 (Interfax) - Kazakh Deputy Energy Minister Yerlan Akkenzhenov met with OPEC Secretary-General Haitham Al Ghais in Astana, the Kazakh Energy Ministry's press service said.

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

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

Oil prices climbed about 2% on Tuesday to a two-week high as persistent geopolitical tensions between Russia and Ukraine, and ...

Oil prices climbed about 2% on Tuesday to a two-week high, as persistent geopolitical tensions between Russia and Ukraine and ...

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

Saudi Arabia's past oil price wars in 2014–2016 and 2020 backfired, as U.S. shale producers became leaner and more efficient.

"Hydrocarbons still make up 80% of today's energy mix, just the same percentage as they did in the 1980s. Petroleum and petroleum-derived products provide energy for a wide variety of sectors and ...