U.S. President Donald Trump is expected to pressure Saudi Arabia and OPEC to lower oil prices, a move that could eventually lead to a new oil price war ...

Russia's oil and gas condensate production reached 516 million metric tons, or 10.32 million barrels per day, in 2024, Deputy ...

Trump would be wise to remember this as he interacts with MBS. Saudi officials may highlight their strategic relationship ...

Here’s a look at crude oil reserves and production around the world. Facts Crude oil is a form of liquid petroleum, extracted from rock formations and used for fuel and other purposes. Members of the ...

The experts stressed the need for Kuwait and other Gulf nations to diversify their income sources, and attract foreign investments ...

When you’re the largest producer of petroleum in the world and you increase your production, prices might drop along with ...

Douglas Rooks has been a Maine editor, columnist and reporter for 40 years. He is the author of four books, most recently a ...

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports down to zero, a ...

US-listed Chinese stocks rise as Trump's inauguration speech signals no immediate tariffs, easing concerns over trade relations and boosting Chinese economy.

However, I consider that a conservative estimate because closing the Strait of Hormuz would cause a much larger supply shock than the 1973 OPEC oil embargo. I think the market doesn’t appreciate ...