Professor Michael Mische with USC Marshall School of Business says the loss in supply from the closings plus predictions made ...

Markets should prepare for a sharp downturn in the oil price, analysts with a satellite oil-tracking firm write in a guest ...

Demand concerns induced by tariff uncertainty have only been compounded by a shift in OPEC+ policy. Click to read.

By bnm Tehran bureau Iran has remained ahead of Saudi Arabia as the country with the world's cheapest gasoline, with prices ...

Muhammad bin Salman, the crown prince and de facto ruler, often known as MBS, has been trying for a decade to ease Saudi ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

Experts outline several possible scenarios for the development of events and potential implications for Ukraine. In recent ...

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...

This widening deficit has sparked renewed conversations about Saudi Arabia's economic prospects, as oil revenues remain ...

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...

Oil prices rose on Wednesday, holding slightly above recent four-year lows, as investors await U.S.-China trade negotiations. Brent crude futures climbed 0.99 cents a barrel, or 1.3% to $63.14 a ...

OPEC+ stunned the oil market by doubling its planned supply increase and raising prices for Asia, sparking speculation about ...