OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

Iran's Oil Minister warns that unilateral US sanctions on Iran are destabilizing global oil markets and urges OPEC to ...

Oil futures fell Wednesday, feeling pressure after industry data showed a large rise in U.S. crude inventories and as ...

There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

YENAGOA – The Organisation of Oil Exporting Countries (OPEC) has commended Nigeria and other member-countries over their conformity with the crude oil production quota for November and December 2024.

OPEC output tumbled for a second straight month in January, with the decline pace of Nigerian and Iranian supplies ...

The oil market has been in the spotlight over the past few days due to the US President Donald Trump’s tariff narrative.

Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...

After having a stellar start to the year, oil have slipped again as US President Trump called on the world’s top producers to ...

OPEC's total spare capacity is 5.3 million bpd, of which 3.1 million bpd is held by Saudi Arabia, 1.1 million bpd by the UAE, ...