OPEC

OPEC+ has agreed to increase oil production in June, a move that could put added pressure on Russia’s war-funded economy,…

ASTANA – Eight OPEC+ countries, including Saudi Arabia, Russia, and Kazakhstan, have agreed to a modest production increase starting in…

West Texas Intermediate (WTI) crude oil prices are stabilizing on Monday after a sharp drop, recovering some of the near-term…

In an unexpected meeting, the Saudi Arabia-led Organization of Petroleum Exporting Countries (OPEC) announced on Saturday it would increase its…

Oil prices fell sharply on Monday, driven by growing concerns over a global supply glut after Opec+ decided to raise…

The 11th Joint IEA-IEF-OPEC Workshop on the Interactions between Physical and Financial Energy Markets took place today at the OPEC…

OPEC+ members have been reducing their combined oil production for the past three years in an attempt to push crude…

Crude oil prices are poised for a weekly gain, driven by news that the U.S. government has imposed new sanctions…

Turkey’s largest oil refiner, Tupras, has resumed purchasing Russian Urals crude oil after halting imports earlier this year due to…

OPEC+ crude oil production rose in March, with several members again exceeding their agreed output limits, according to the latest…