OPEC's total spare capacity is 5.3 million bpd, of which 3.1 million bpd is held by Saudi Arabia, 1.1 million bpd by the UAE, ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

In recent weeks, U.S. President Donald Trump has stressed the importance of high oil prices in Russia’s ability to wage war ...

Standard Chartered has argued that Trump is unlikely to get his wish to force OPEC to cut the oil price, nting that ..

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the US government's ...

Trump also directed his U.N. ambassador to work with allies to "complete the snapback of international sanctions and ...

US President Donald Trump announced on Tuesday that he would reinstitute a maximum pressure campaign on Iran and force its ...

West Texas Intermediate (WTI) crude Oil price continues to decline for the second consecutive day, trading near $71.50 per ...

The dissolution of the Soviet Union greatly affected this decades-old gas business. Russian gas now had to transit an ...

Russia is considering Saudi Arabia and the United Arab Emirates as potential locations for a summit between U.S. President ...

The United Arab Emirates and Saudi Arabia are seen by Russia as possible venues for a summit between US President Donald ...