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 ...

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

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

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

OPEC criticizes the IEA's inconsistent messages regarding oil and gas investment, highlighting a recent "U-turn" from ...

OPEC oil output rose in February, a Reuters survey found, as Iranian exports held strong, despite renewed U.S. attempts to ...

Houthi strikes have forced international shipping companies to re-route container ships that would normally pass through 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.

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