Iranian Petroleum Minister Bijan Zangeneh says an OPEC meeting on Friday was one of the group’s “worst ever” after it failed to...
The one country that may face the biggest headwind as Saudi Arabia and Iran engage in a “he said, she said” moment...
Saudi Arabia said preliminary findings show Iranian weapons were used in the attack on one of its key oil installations, but stopped...
OPEC Joint Ministerial Monitoring Committee which met on Sunday in Jeddah, Saudi Arabia, reviewed market forecasts, assessed compliance with quotas and discussed...
A panel of OPEC and Russian ministers will meet this weekend in Jeddah, Saudi Arabia to assess oil market conditions ahead of...
The United States on Monday said it will eliminate in May all waivers granted to eight economies allowing them to buy Iranian...
Crude prices on Monday, rose to their highest so far in 2019 after data showed refinery processing in China, the world’s second-largest...
Global oil supply will outpace demand throughout 2019, the International Energy Agency (IEA) forecasted in its latest Oil Market Report. Since midyear,...
State-run ADNOC, based in the oil-rich capital Abu Dhabi, said Sunday it had discovered new gas fields, totalling 15 trillion standard cubic...
Oil prices fell about 1 percent on Friday, heading for a weekly loss of over 6 percent, as investors worried about oversupply...