News

The cartel trimmed next year’s forecast for supply growth from the U.S. and other rivals while keeping its oil demand ...
The abrupt change in calculus for oil investors this week comes after months in which output increases from OPEC and its ...
Crude prices have jumped by around 12% in the past week, amid the Israel-Iran conflict and heightened fears of a broader ...
Latest war developments have stoked concerns about disruptions to the Strait of Hormuz, a vital oil shipping passage. Read ...
Over the weekend, Israeli forces targeted a natural gas plant linked to Iran’s massive South Pars field, its largest gas ...
If oil supplies are disrupted, U.S. President Donald Trump will likely call on the OPEC+ alliance led by Saudi Arabia to tap ...
Israel’s strikes on Iran on Friday have raised the prospect of global oil prices hitting $100 a barrel. If Tehran seeks to ...
Any disruption in Iran's oil production may impact global prices as Saudi Arabia and UAE are the only Opec+ members that can ...
After holding back supply for almost three years to push prices higher, the output curbs are no longer having as much impact, ...
Iran's South Pars gas field, which it shares with Qatar, was on fire after Israel's precision strikes. The fire was extinguished. However, the attack shows that Israel will go for Iran's economic ...
Iran is seriously considering closing the strategic Strait of Hormuz after launching missile attacks on Israel, threatening a ...
Iran has threatened to block the Strait of Hormuz on several occasions over the years, including in January 2012 in ...