The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend ...

Brunei Darussalam has underscored its commitment to ensuring stability, transparency, and long-term sustainability in the ...

Opec+ agreed to leave oil output levels unchanged for the first quarter of 2026 at its meetings yesterday as the group slows ...

Gold and copper were among the commodities that hit record highs this year. Central bank actions and global stockpiling could ...

Tourmaline Oil delivered solid Q3 results and maintains the flexibility to cut CAD 200–250 million in CapEx. See why TRMLF ...

The changes OPEC+ makes to its oil production quotas will likely trigger a wave upstream investment among members, especially in low-cost Gulf producers.

Brent, the benchmark for two-thirds of the world's oil, retreated 0.78 per cent to settle at $62.38 per barrel. West Texas ...

OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member’s maximum ...

Opec Plus has opted for continuity at a time when the oil market is steadily losing altitude. The group’s decision to keep ...

The pause in further increases is an acknowledgment that the push to claw back market share was starting to collide with an ...

Oil prices rose more than 1% on Monday following drone attacks by Ukraine, the closure of Venezuelan airspace by the United ...

OPEC initially began with five countries, which are Iran, Iraq, Venezuela, Saudi Arabia, and Kuwait, to end the dominance of the so-called ‘seven sisters’ Western oil companies and maintain stable oil ...