GLOBAL indications suggest that OPEC is no longer able to effectively manage its six million barrels of surplus oil stocks.

Oil futures finished the week with modest losses, weighed by uncertainty around the economic impact of imminent U.S. tariffs on Canada and Mexico along with an extra 10% duty on Chinese imports, the ...

Larry Hagman played oil baron J.R. Ewing in the primetime soap opera Dallas from 1978 to 1991. The show got a reboot in 2012 ...

Oil prices fell more than 1% on Friday and were headed for their first monthly drop since November, as markets braced for ...

Analysts are holding their oil price predictions largely steady as they expect any impact from further U.S. sanctions to be ...

OPEC+ output cuts have been in place for a long period of time, but continued demand growth makes OPEC+ relevant for years to ...

OPEC+ is still weighing its Q2 oil production plans, according to eight OPEC+ sources who spoke to Reuters this week ...

OPEC+ is debating whether to raise oil output in April as planned or freeze it as its members struggle to read the global ...

Oil prices jumped Thursday as traders assessed the impact of potential tariffs on Canadian oil imports after President Trump ...

Output for December 2024 was revised higher by 59kb/d and November 2024 output was revised higher by 54 kb/d compared to last ...

The move, set to take effect March 1, comes as the Trump administration resets foreign relation policies stretching back ...

Saudi Arabia’s positive neutrality policy has gained it a role in peace negotiations between Russia and Ukraine. The Saudi ...