As the world’s petroleum producers increase the global supply of oil, one market watcher says resilient demand for crude ...

Venezuela's top oil official, Delcy Rodríguez, met with leaders from Turkey and Saudi Arabia at a major OPEC event in Vienna. These talks aimed to b ...

The UAE said on Thursday it was committed to staying the course on its plan to be able to produce five million barrels per ...

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 ...

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

Development capital expenditures of $110 to $120 million resulting in 28 net operated wells drilled <li /> Infrastructure projects are u ...

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 ...

A big drop in crude prices year over year leaves Alaska, reliant on oil for revenue, at the bottom of CNBC’s annual Top ...

It said that by 2040, OPEC+ countries would overtake those outside the alliance in terms of oil supply volumes - 60.4 million bpd versus 59.7 million bpd, and by 2050 the gap would increase - to 64.1 ...

The OPEC+ alliance, which includes countries such as Russia and Kazakhstan, will expand its share of global oil markets to 52 ...

OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its ...