Dubai Senior officials from Saudi Arabia, the United Arab Emirates and Kuwait have defended the August production boost of 548,000 barrels per day, stating that global markets are absorbing the extra ...

Oil steadied as traders weighed a large increase in US crude stockpiles and a wave of new tariff rates from President Donald Trump. Brent held near $70 after closing little changed on Wednesday, while ...

Oil prices eased on Thursday as the latest tariff announcements by U.S. President Donald Trump were perceived by market ...

The 50% tariff is the highest announced so far in Trump's wave of letters to world leaders this week. "The persistence of the current state of uncertainty, marked by prolonged delays and unclear trade ...

Oil futures gained a few cents in a choppy session marked by a large 7.1 million barrel build in U.S. crude stocks and continuing uncertainty as President Trump puts tariffs back on traders' radars.

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

Shetty wrote in his post on Monday, “One of the engineers who was due to join today sent a message over the weekend that they won’t join. Bit let down ...

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

Integrating global volatility into pricing models means cleaner balance sheets with improved leverage and room to deploy ...

HOUSTON] Oil prices were steady on Wednesday as investors weighed strong US petrol demand data and attacks on shipping in the ...

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, emphasised the importance of the UAE’s role in the ...

The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional ...