Oil prices dropped 5% this week due to rising OPEC supply and weak demand from China. Natural gas prices rose on Hurricane ...

Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist ...

Kremlin resolves to display public solidarity with Opec and its leader Saudi Arabia that has largely overlooked ...

OPEC published its long-term outlook for the oil market up to 2050 this week, Commerzbank’s commodity analyst Carsten Fritsch notes.

OPEC+ is not planning any immediate talks around oil production cuts or increases, according to a senior Russian Government ...

An oil and gas expert has given his prediction to GB News on the price of oil going into 2025 as the Organisation of the ...

Owing to robust global demand, continuous OPEC supply cuts, and advancing economic growth, the oil and gas market is ...

Expectations that the OPEC and its allies will start unwinding voluntary output curbs of 2.2 million barrels a day starting ...

In a bold move, Saudi Arabia has decided to increase its oil production despite the potential for a global oversupply. This ...

The output increase in December is not about regaining market share, it is about a small number of countries phasing out ...

On the other hand, there are reports from close market observers hinting that the Opec leader, Saudi Arabia, has given up of ...

A statement posted on OPEC’s website on June 2 revealed that the 38th OPEC and non-OPEC Ministerial Meeting will be held on ...