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

NEW YORK] Oil prices fell on Friday (Mar 28) on worries that US tariff wars could spark a global recession, but gained for a ...

Executives from the world's top commodity trading houses expect a well-supplied oil market this year, with concerns remaining ...

The price of OPEC’s basket of twelve crudes stood at $75,96 a barrel on Tuesday, reflecting a gradual increase. The latest price for its crude oil grades posted by the OPEC Secretariat on Wednesday ...

OPEC+ will likely stick to its plan to raise oil output for a second consecutive month in May, four sources told Reuters, ...

Rising supply and potentially weaker-than-expected demand are set to keep oil prices in check this year, with the price ...

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

According to the chief executive of Vitol, Russell Hardy, the current developments in supply and demand could push oil prices ...

Russia's central bank has warned the Kremlin's policy makers the United States and OPEC have the capacity to flood the oil ...

What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ...

Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose ...

Oil prices fell on Friday due to fears of a U.S.-led global recession but rose for the third straight week amid increased U.S ...