Oil prices were steady on Friday and headed for a second consecutive weekly gain as fresh U.S. sanctions on Iran and the ...

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...

Belarus and Russia are coordinating potash production cuts and may form a new cartel, which could drive potash prices higher.

Saudi Arabia is cutting oil prices for buyers in Asia, its largest market, as Opec+ begins to ease restrictions on production. State producer Saudi Aramco will lower the price for its Arab Light crude ...

asked the global oil cartel, OPEC to scale down prices amid wide-ranging measures to boost US oil and gas production. Brent Crude fell by 53 cents, or 0.68% to $77.97 per barrel after rising 21 ...

Downside risks on demand will likely be greater than supply side risks at this point with the additional oil coming from OPEC, said Scott Shelton, energy analyst at TP ICAP. “Spare capacity can offset ...

Saudi Aramco reduced its official selling prices (OSPs) for crude oil to Asian buyers ... a 138,000 bpd production increase for April—the cartel’s first hike since 2022—Riyadh is making ...

Downside risks on demand will likely be greater than supply-side risks at this point with the additional oil coming from Opec, said Scott Shelton, energy analyst at TP ICAP. “Spare capacity can offset ...

Simply sign up to the Oil myFT Digest ... staff recently said the cartel is “incredibly worried” about the global economy. “In all the years I have talked to Opec, I have never seen ...

The rise in Nigerian oil production and an increase in Iran’s output despite U.S. attempts to curb Iranian flows pushed up the total OPEC production in February, according to the Reuters survey.

with the internal politics of OPEC+ and Trump’s tariffs helping to deliver the lower prices that Trump demanded from the oil cartel at the World Economic Forum in Davos earlier this year.

Oil declined for a fourth straight session Wednesday, settling at its lowest price since September, on prospects for a global trade war that could dent demand and plans by major oil producers to ...