U.S. shale companies have benefited from the supply-cut efforts from OPEC and its allies that boosted prices, OPEC Secretary General Mohammed Barkindo...
In its most recent Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) forecasts Brent and West Texas Intermediate crude oil...
Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Dr. Mohammad Barkindo, says the group is not in the business of...
The US House of Representatives’ Judiciary Committee has approved a fresh bill by voice vote to amend the Sherman Anti-trust Act to...
Crude shipments to the U.S. from OPEC and its partners fell to 1.41 million barrels a day in January, the lowest in...
Oil futures slipped Wednesday as industry data pointed at rising U.S. oil stockpiles and on the back of a stronger U.S. dollar,...
OPEC oil supply fell in January by the largest amount in two years, a Reuters survey found, as top exporter Saudi Arabia...
Oil prices rose on Tuesday after Washington imposed sanctions on state-owned Venezuelan oil company PDVSA in a move likely to curb the...
Crude prices on Monday, rose to their highest so far in 2019 after data showed refinery processing in China, the world’s second-largest...
Oil prices jumped about 3 per cent, rising after Opec detailed specifics on its production-cut activity to ease global oversupply, and on...