Strong compliance with OPEC-led production cuts, robust demand and supply disruptions in the Middle East are likely to lift oil’s average price...
By John Kemp The slump that characterised the oil market between the middle of 2014 and the middle of 2016 has been...
As OPEC’s efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits – and flooding Europe with a...
Oil prices were little changed at around $74 a barrel on Monday on rising U.S. borrowing costs and the prospect of further...
OPEC crude oil production dropped just over 200,000 barrels per day in March. They are now just over one million barrels per...
Compliance with a global deal to cut oil supply hit a new high in February and an inventory glut is shrinking fast,...
The Organisation of Petroleum Exporting Countries (OPEC), Wednesday, raised its forecast for non-member oil supply this year to almost double the growth predicted four months ago as...
Alirio Parra, a Venezuelan oil official who helped found the Organization of the Petroleum Exporting Countries and remained influential at its meetings,...
U.S. shale oil output is set to surge over the next five years, stealing market share from OPEC producers and moving the...
The oil industry’s biggest names gather this week at CERAWeek, the largest energy industry get-together in the Americas, at a time when...