After the change in administration in the US, OPEC+ is losing its ability to control oil prices due to weak global demand and ...

According to the Reuters report, OPEC+ plans to increase output by a further 135,000 barrels per day in May. This would be ...

This move aims to compensate for pumping above agreed levels, with monthly reductions ranging from 189,000bpd to 435,000bpd.

Aramco is specifically targeting BPCL's refinery in Andhra Pradesh and ONGC's refinery in Gujarat, said a Reuters report.

Russian President Vladimir Putin spoke to United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan about OPEC+ ...

Markets react to looming April 2 start of Trump's proposed 25% tariff on Venezuelan oil and gas imports - Anadolu Ajansı ...

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

Oil prices have some “upward momentum” after the US tariffs on Venezuela cast new doubt on global supplies, Sahdev said.

Both benchmarks rose more than 1% on Monday after U.S. President Donald Trump announced a 25% tariff on countries importing ...

Once a climate champion, Brazil's president, Luiz Inacio Lula da Silva, is pushing for more oil drilling, even as the country ...

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 ...

However, while OPEC+ has been cutting production, non-OPEC countries like the United States have been growing production (Figure 7), leading to OPEC+ gradually ceding market share. So part of this ...