The West's energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following ...

Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...

Oil prices climbed on Tuesday as investors awaited the outcome of U.S.-China talks that could pave the way for easing trade ...

A delegation from Libya’s Ministry of Oil and Gas has taken part in the 24th Annual Statistical Meeting at the headquarters ...

Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...

SHALE oil production in the United States is projected to decline starting next year. From its peak of 13.5 million barrels ...

Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...

Analysts said OPEC might not see any urgency to shift policy, as the surge in prices was driven by a rising risk premium ...

OPEC’s secretary-general projects a 24% rise in global oil demand by 2050 and warns of dire consequences from chronic ...

Oil prices surged, stocks dropped and investors flocked to safe havens like gold on Friday after tensions between Israel and ...

Any disruption in Iran's oil production may impact global prices as Saudi Arabia and UAE are the only Opec+ members that can ...