India's crude oil imports from the US jumped over 50% and from Brazil by 80% in the first half of 2025, signaling a strategic ...

Futures tied to the S&P 500 and Dow industrials slipped as President Trump's latest tariff broadside injected some caution into markets. The Organization of the Petroleum Exporting Countries doubled ...

VIENNA, July 10. /TASS/. OPEC+ nations are projected to increase their oil supply by 15 mln barrels per day (bpd) by 2050 compared to 2024 levels, reaching 64.1 mln bpd, while expanding their share of ...

According to OPEC’s forecast, US oil production is projected to reach 23.1 mln bpd by 2030, compared with 21.8 mln bpd in 2024. Shale oil and tight oil output are expected to increase to 16.5 mln bpd ...

In its World Oil Outlook 2050 report published Thursday, the Organization of the Petroleum Exporting Countriues left its forecasts for 2025 global oil demand growth unchanged at 105 million barrels ...

New Delhi’s core demand: build alternatives that are interoperable and don’t just replace the US dollar with another hegemon ...

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri highlighted India’s momentum in the energy sector to explore ...

Key members of OPEC+ alliance, including Russia, have so far announced the restoration of 1.78 million barrels a day of supply that they’d voluntarily held back.

OPEC+ appears to be prioritizing market share over high prices, potentially targeting U.S. shale by testing how producers respond to lower price environments.

Exxon, Chevron, and others are increasingly eyeing South America for low-cost, low-emission production as shale basins mature ...

Oil Ticks Lower as Traders Weigh U.S. Tariffs, OPEC+ Supply Hikes Crude futures edged lower after gaining the the previous session, as investors weigh renewed U.S. tariff threats and the OPEC+ output ...

Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...