OPEC Secretary-General Haitham Al-Ghais stressed that the organization’s decisions are guided by a long-term vision for global markets, aiming to achieve price stability. Speaking at the India Energy ...

DUBAI - U.S. President Donald Trump is scheduled to attend a meeting of global financiers and tech executives hosted by Saudi ...

The oil market is trading with marginal declines this morning as the API numbers released overnight were largely bearish for ...

OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.

What is WTI Oil? WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, ...

The looming shadow of the disruptive decisions made by US President Donald J Trump and Prime Minister Narendra D Modi's ...

OPEC's priorities include supporting and ensuring global oil market stability to secure reliable, cost-effective, and regular ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price ...

The location of the US Strategic Petroleum Reserve and the critical role it has played and will continue to play during ...

A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.

Crude oil production by the 22-member group remained steady in January at 40.63 million barrels per day. Output by the 18 members with quotas grew by 110,000 b/d, putting them 66,000 b/d over their ...