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

The market cannot overlook the increasing sanctions and potential disruptions to Russian and Iranian oil flows, which could ...

Scott Bessent, the new US Treasury Secretary under Trump’s administration, has a monster-sized mission. He’s been handed an economic puzzle that could break ...

Highlighting that India has diversified its sources of oil supply for cheaper purchases, Union Petroleum and Natural Gas ...

Gas prices across the U.S. have dropped to a two-year low this holiday season. Hutchinson drivers are paying as little as $2.05 per gallon, and Litchfield residents are seeing prices at $1.75 for ...

The OPEC Fund contributed $25 million from its own resources as the A-lender and mobilized an additional $25 million B-loan ...

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

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

Iran's President Masoud Pezeshkian has urged OPEC members to unite against possible U.S. sanctions after U.S. President ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

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

A U.S. official stated on Tuesday that U.S. president Donald Trump would restore his "maximum-pressure" campaign against Iran ...