The Organization of the Petroleum Exporting Countries and allies are expected to go ahead with their plan of increasing oil ...

Big oil moves, shifting global dynamics, and a market that just got a lot more interesting. In Oliva Gibbs' latest webinar, ...

OPEC+ will likely stick to its plan to raise oil output for a second consecutive month in May, four sources told Reuters, ...

Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose ...

The price of OPEC’s basket of twelve crudes stood at $75,96 a barrel on Tuesday, reflecting a gradual increase. The latest price for its crude oil grades posted by the OPEC Secretariat on Wednesday ...

After the change in administration in the US, OPEC+ is losing its ability to control oil prices due to weak global demand and ...

Oil vigilantes ... is a concept suggesting that when challenges arise and oil prices plummet, the OPEC alliance will ...

What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ...

SOMO revealed on Wednesday that Iraq has the fourth-largest proven oil reserves in the world, with around 145 billion barrels.

The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost revenues. Oil prices have fallen fast since the 3 March announcement ...

EIA's delayed surplus forecast and uncertain oil market fundamentals point to potential price rally. Click to read why oil ...