The Organization of the Petroleum Exporting Countries and allies are in a dilemma with its decision to increase oil output ...

US shale producers are turning up the heat on OPEC again — but this time the cartel’s adversaries aren’t a bunch of ...

The Organization of Petroleum Exporting Countries (OPEC) is very positive on demand for oil in both the short and long term, Secretary General Haitham Al Ghais said at an energy industry event in Abu ...

OPEC oil output rebounded in October from its lowest this year the previous month as Libya resolved a political crisis, a ...

OPEC’s oil production rose last month as Libya restored output that was halted during a brief political crisis.

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Saudi Aramco’s Q3 profit fell 15.4% to $27.6 billion due to lower oil prices, yet it maintained a $31.1 billion dividend, ...

The U.S. government’s auto safety regulator has ended a 2 1/2-year investigation into Ford engine failures after the company ...

In June, OPEC said 2.2 million barrels a day in voluntary cuts were extended until September but would then be gradually reduced month by month until they are eliminated by September 2025.

OPEC and its allies aren’t likely to bring oil output back this year because producers are “making huge money” from refined products, according to Rystad Energy. “Our view is that they ...