The risk of oil supply disruptions increases as fighting in the Middle East intensifies, but OPEC+ is sitting on a large amount of spare crude that could step into the breach, according to Claudio ...

Kazakhstan will provide the largest volume of compensation for oil overproduction in October within the OPEC+ framework in connection with the major repairs at the largest oil and gas field, Kashagan, ...

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

Kazakhstan increased crude oil production in September by 10% compared to August to 6.55 million tons, exceeding OPEC+ quotas ...

The oil industry and markets have had a muted reaction to growing conflict in the Middle East, a sign of just how well ...

Russian Deputy Prime Minister Alexander Novak said the OPEC+ group of leading oil producer will continue to play a decisive ...

Oil futures rose Thursday, finding continued support as traders awaited Israel's response to a missile barrage earlier this week by Iran amid concerns of a wider Middle East conflict that could ...

Even as geopolitical tensions mount, a panel meeting of OPEC on Wednesday maintained status quo on the cartel’s oil output ...

Middle East tensions push crude prices higher, but rising U.S. inventories cap further gains. Can OPEC’s spare capacity keep oil markets stable amid conflict?

The Organization of the Petroleum Exporting Countries (OPEC) has enough spare oil capacity to compensate for a full loss of Iranian supply if Israel knocks out that country’s facilities but the ...

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

We recently published a list of 7 Cheap Energy Stocks To Buy Under $20. In this article, we are going to take a look at where ...