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

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

NEW YORK] Oil prices fell on Friday (Mar 28) on worries that US tariff wars could spark a global recession, but gained for a ...

OPEC+ on Thursday issued a new schedule for seven member nations to make further oil output cuts to compensate for pumping ...

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

The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

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

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

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

Wealthy Gulf nation Kuwait is set to borrow for the first time in almost a decade, raising hopes that the petrostate will ...

Executives from the world's top commodity trading houses expect a well-supplied oil market this year, with concerns remaining ...

Kuwait has approved a new financing and liquidity law, enabling it to borrow up to $97.3 billion to fund projects aimed at ...