OPEC+ group of leading global oil producers could bring forward its output hikes by around a year from the initial plan, Igor ...

Steps taken by the OPEC+ group to boost oil supplies have proved astute, given developments in the Middle East conflict, ...

Russian President Vladimir Putin said on Friday that oil prices had not risen significantly due to the conflict between Iran ...

Asian markets faltered on Monday after US airstrikes on Iran’s nuclear sites reignited geopolitical tensions, driving Brent ...

The market’s biggest concern is that Iran could disrupt flows through the Strait of Hormuz—a vital artery for about a quarter ...

Opec+ shocked oil markets in April by agreeing to an output hike for May despite weak prices and slowing demand.

Iran contributes nearly one-third of the total output by the Organisation of Petroleum Exporting Countries (OPEC+) and stands ...

Global benchmark Brent rallied as much as 5.7 per cent to US$81.40 a barrel, extending three weeks of gains. Read more at ...

Former Minister of Energy and Mineral Resources Arcandra Tahar stated that the Israel-Iran war has a significant impact on ...

Oil jumped after the US struck Iran’s nuclear sites, stoking concerns that energy supplies from the Middle East could be ...

Saudi Energy Minister Prince Abdulaziz bin Salman said Thursday that OPEC+ will base any future oil production decisions on ...