The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost ...

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...

Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...

Kazakhstan's energy minister will stand down from his role, the country's presidential office said on Tuesday, as the government struggles to convince U.S. and European oil companies to lower ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

Morning Brief Anchors Brad Smith and Madison Mills explain why in the video above. To watch more expert insights and analysis ...

Oil prices fell significantly this week as OPEC+ brings back ... will proceed with their plan to gradually roll back the ...

Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to ...

The economy is at risk of recession or stagflation. Read why this could lead to significant impacts for the oil industry.

Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower ...

After years of underperforming OPEC quotas, Nigeria met its OPEC targets in January, said Udobong Ntia, NNPC's executive vice ...