The Organization of the Petroleum Exporting Countries and allies are expected to go ahead with their plan of increasing oil ...

MOSCOW (Reuters) - Russian President Vladimir Putin spoke to United Arab Emirates President Sheikh Mohammed bin Zayed Al ...

Kazakhstan's energy minister will stand down from his role, the country's presidential office said on Tuesday, as the ...

THE possibility of a Russia-Ukraine ceasefire, the move by OPEC+ to boost output, and the threat of tariffs on key economies ...

OPEC+ has been cutting output by 5.85 million barrels per day, equal to about 5.7% of global supply, agreed in a series of ...

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

Supply targets agreed by the OPEC+ grouping of the Organization of the Petroleum Exporting Countries and its allies, focus on unrefined crude production. This means individual members can increase ...

Oil prices rose today for a fifth day in a row on expectations that global supply may tighten after the US announced tariffs ...

Kazakhstan's Minister of Energy will resign from his position, as announced by the country's presidential office on Tuesday.

Brent crude futures rose 36 cents to $72.52 a barrel by 1004 GMT, while U.S. West Texas Intermediate crude was up 40 cents at ...

Seaborne fuel exports from Gulf OPEC+ members Iraq, Kuwait, Oman, Saudi Arabia and the United Arab Emirates hit at an ...