Iraq plans to cut oil exports this month as it faces growing pressure to adhere to its OPEC+ production target, according to ...

Kazakhstan's oil output fell in the first two weeks of April by 3% from the March average, the energy ministry said on Monday ...

OPEC+ members have submitted plans to compensate for 4.57 million bpd in overproduction, with the bulk of offsets scheduled ...

Until recently, oil traders complained that it was almost impossible to wring profits out of a listless and rangebound crude ...

OPEC+ has the ability to adjust production by slowing or reversing increases if demand continues to decline or external ...

JP Morgan on Monday lowered its oil price forecasts for 2025 and next year, citing higher production from OPEC+ and weaker ...

CVX, COP and EOG offer stability and upside, as OPEC's outlook signals slower growth but confirms oil's lasting role in the ...

With the 15% drop in oil prices this month, consumers will be enjoying lower gasoline and diesel prices. Still, ...

OPEC+ also adjusted its global GDP growth outlook, trimming expectations to 3% for 2025 and 3.1% for 2026, each down by 0.1 percentage point. The global economy showed a steady growth trend at the ...

Crude oil futures are down about 13% since President Donald Trump announced his sweeping tariff plan on April 2.

Dr. Gil FeilerThe Gulf Cooperation Council (GCC), comprising Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Oman, and ...