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

Oil prices were mixed but largely holding their ground, supported by geopolitical risks and supply concerns.

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.

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 ...

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 ...

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 ...

Output target as announced by the countries making voluntary cuts, or as announced by OPEC. Excludes Iraq compensation plan for ... Venezuelan data includes upgraded synthetic oil. Nigerian crude ...

OPEC Secretary-General Mohammad Barkindo said on Tuesday, adding that the global oil cartel was looking forward to strengthening its cooperation with Russia. Barkindo, on a visit to Moscow to attend ...