According to the chief executive of Vitol, Russell Hardy, the current developments in supply and demand could push oil prices ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...

OPEC said on Wednesday that Kazakhstan led a sizeable jump in February crude output by the wider OPEC+, highlighting a ...

Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to ...

VIENNA, 14th March, 2019 (WAM) -- The price of OPEC basket of fourteen crudes stood at US$66.60 a barrel on Wednesday, 13th March, compared with US$66.30 the previous day, according to OPEC ...

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...

Goldman Sachs has also lowered its forecast for oil demand growth this year by 18% to 9,00,000 barrels a day as the US ...

OPEC criticizes the IEA's inconsistent messages regarding oil and gas investment, highlighting a recent "U-turn" from ...

Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...

U.S. Energy Secretary Chris Wright said on Monday that he was pleased with OPEC actions and had no specific requests of the ...

Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...