Crude futures turned lower after gaining the previous three sessions despite a bigger-than-expected OPEC+ output increase announced for August, another large U.S. crude stock build and renewed ...

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 ...

Energy ministers talked through production capacity, investment and the green transition at this week’s OPEC conference in ...

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 ...

OPEC is sticking to its guns while everyone else is screaming climate emergency. The cartel now says global oil demand will hit 123 million barrels a day by ...

Oil prices were swinging between gains and losses but remained modestly higher for the week, supported by a weaker dollar as Trump's new tariff rates weighed on sentiment. The Organization of the ...

When you click on “Accept all”, you consent to ads on this site being customized to a personal profile we or our advertising ...

Oil is expected to hold nearly 30% of the energy mix, while combined with gas it will stay above 50% through the period. "Oil underpins the global economy and is central to our daily lives," OPEC said ...

Herman Wang, Chief Editor, EMEA & APAC Oil News at Platts joins CNBC's Dan Murphy at the OPEC International Seminar in Vienna to discuss recent production hikes within the alliance, and the outlook ...

Crude oil prices declined today, retreating from recent two-week highs as market participants grapple with ongoing trade uncertainties and rising U.S. stockpiles. The market's cautious tone reflects ...

The UAE’s Energy Minister Suhail Al Mazrouei has reiterated the country’s full support for OPEC+ decisions, according to ...

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