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

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

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

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

Following US airstrikes on Iranian nuclear facilities, Brent Crude prices initially surged by 5% before paring gains.

Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...

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

For months, the biggest news in the market has been OPEC+’s seismic decision to stop supporting oil prices — instead ...

The shift in OPEC+ policy suggests that oil prices will come under pressure towards the end of the year. Click to read.

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

OPEC+’s latest increase of 411,000 barrels per day (bpd) for July, the third such hike in three consecutive months, suggests ...

ST PETERSBURG (Reuters) -U.S. and Chinese purchases for strategic oil reserves are expected to offset any potential global ...