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

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

U.S. President Donald Trump has renewed pressure on OPEC to bring down oil prices, which rallied above $82 a barrel in ...

U.S. President Donald Trump's cancellation of licenses for foreign oil companies to operate in sanctioned Venezuela will ...

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

BP Plc finalized an agreement with the government of Iraq to redevelop the giant Kirkuk oil fields, a deal that signals a ...

Iraq’s oil minister said he’s hoping crude oil exports from the country’s northern Kurdistan region will restart in two days ...

Iraq’s oil ministry has announced the resumption of oil exports from northern Iraq’s semi-autonomous northern Kurdish region ...

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

BEIJING (Reuters) - Oil prices rose for a second day on Tuesday as the U.S. imposed fresh sanctions on Middle Eastern ...

Crude oil futures fell to their lowest since December, after President Trump said tariffs on imports from Canada and Mexico ...

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