Senior ministers from Opec and its allies have kept to current plans to reduce production. Crude prices have spiked due to ...

OPEC oil output fell in September to its lowest this year, a Reuters survey found on Thursday, as unrest disrupted Libyan ...

A Reuters survey on Thursday shows September oil production from OPEC dropping to its lowest point this year, at 26.14 ...

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

This stark juxtaposition of geopolitical tensions and internal OPEC+ dynamics underscores the complex forces at play in the ...

There were mixed signals from the US oil market in the past few days. We make a start by noting that the Baker Hughes oil rig ...

Heineken Lokpobiri, minister of state for petroleum resources (oil), says Nigeria will conform with the production quota set ...

APA, Schlumberger, and Exxon Mobil are our top picks in the energy sector.

Much of the spare oil is in the Middle East Gulf region and vulnerable should the conflict escalate. Read more at ...

Libya's Tripoli-based National Oil Corp (NOC) and eastern-based administration announced on Thursday the reopening of all oil ...

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

Traders sent Oil prices higher after Iran sent ballistic missiles into Israel as retaliation for the Lebanon ground incursion.