WTI Oil prices remain contained within a $60.00 to $63.00 range. Crude prices have been capped again at the $63.00 area, ...

Iraq's oil ministry said on Thursday it holds the Kurdish regional government (KRG) legally responsible for the continued ...

U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.

Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...

The price cut by Saudi Arabia, key oil producer within OPEC - the oil producing group that includes members of the Organization of the Petroleum Exporting Countries and allies such as Russia - follows ...

OPEC+ launched a major initiative to define maximum sustainable production capacity (MSC) by 2027, an iniative that could ...

Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.

Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in ...

Saudi Arabia, Iraq, Kuwait, Kazakhstan, Oman, Algeria, Russia and the United Arab Emirates -- referred to as OPEC's Group of 8 -- announced 2.2 million b/d of voluntary cuts in November of 2023, and ...