Bringing Venezuela’s output under U.S. control has the potential to disrupt the power balance in the world market.

The eight OPEC+ members - Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria and Oman - raised oil output ...

OPEC+ will likely maintain steady oil output at its meeting on Sunday, three OPEC+ delegates said on Friday, despite ...

Oil steadied to end the week, with OPEC+ expected to focus on another modest output increase when key members convene this weekend and as US President Donald Trump denied that he was planning a ...

During a meeting on Sunday, the OPEC+ group of oil-producing nations is expected to increase its collective crude production capacity for October, but probably at a lower level than their recent ...

WTI trades near $57.4 as OPEC+ talks loom, while natural gas and Brent face technical squeezes amid strong supply and easing ...

WTI settled below $62, down 14% this year as global supply growth and weak US jobs data weigh on demand outlook. Oil fell to the lowest since May ahead of a weekend OPEC+ meeting where Saudi Arabia ...

Oil prices climbed on Thursday, with WTI oil ending the day with an increase of roughly 1%, trading at $59.70 a barrel. The upside move was primarily fueled by renewed geopolitical risk. Oil prices ...

The Organisation of the Petroleum Exporting Countries (OPEC) stands as one of the most influential international organisations in the global economy, wielding enormous power over world energy markets ...