Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

This week will bring near- and long-term signals to U.S. oil producers navigating the Trump era. What we're watching: On the ...

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

After having a stellar start to the year, oil prices have slipped again as US President Donald Trump called on the world’s ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...

There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

The market cannot overlook the increasing sanctions and potential disruptions to Russian and Iranian oil flows, which could ...