Oil prices have climbed so far this week, with traders worried that Israel may decide to hit Iran’s oil infrastructure in ...

OPEC has enough spare oil capacity to compensate for a full loss of Iranian supply if Israel knocks out that country's ...

The kingdom called out members for overproducing, in what was seen as a veiled threat of a price war.

LONDON/DUBAI (Reuters) -A meeting of top OPEC+ ministers has kept oil output policy unchanged including a plan to start ...

United Arab Emirates Energy Minister Suhail al-Mazrouei said on Wednesday OPEC+ was doing a noble job of balancing the oil ...

Saudi Arabia's oil minister has warned that oil could hit $50 a barrel if OPEC+ members flout production curbs, in what was ...

The OPEC+ alliance is once more angling in on group compliance with oil output cuts, amid overproduction from heavyweight ...

The group's JMMC reviewed the crude oil production data for the months of July and August and the current market conditions, ...

Oil prices have fallen in 2024 with Brent crude last month slipping below $70 a barrel for the first time since 2021 ...

The group's JMMC reviewed the crude oil production data for the months of July and August and the current market conditions, ...

The OPEC+ joint ministerial monitoring committee meeting (JMMC) concluded on Wednesday, with the ministers refraining from ...