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

US President Trump has vowed to ask OPEC to ramp up production. Lower oil prices will not only impact OPEC, it will also affect US oil producers. OPEC has a very different agenda than Trump and is ...

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

OIL companies on Tuesday lowered the prices of gasoline and diesel by 10 centavos per liter and kerosene by 30 centavos.

OPEC's total spare capacity is 5.3 million bpd, of which 3.1 million bpd is held by Saudi Arabia, 1.1 million bpd by the UAE, ...

Standard Chartered has argued that Trump is unlikely to get his wish to force OPEC to cut the oil price, nting that ..

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

OPEC’s decision to maintain production and sluggish demand weigh on natural gas and oil, signaling bearish trends ahead.

OPEC producers, US oil companies are private and have shareholders to pay, and secondly, the producer’s breakeven prices for ...

Outside OPEC, spare capacity is limited ... or the perception of how much is available - can influence world oil prices. Ample spare capacity has been cited as a dampening factor on prices ...

We make a start with the situation of the US oil market. On Friday, the release of the US Baker Hughes total rig count, ...

In response to Donald Trump’s statements regarding pressure on OPEC-plus to reduce oil prices and the potential impact on the ...