OPEC+ may bring its meeting forward to Saturday to approve another oil production hike, though actual supply increases remain ...

Stock markets mostly fell alongside a retreating dollar Friday as international tensions over tariffs dominated sentiment.

Iraq developed 113 oil wells in the first half of 2025 as it pushed ahead with plans to expand its crude output capacity by more than 50 percent. The developed wells include 27 newly drilled producing ...

Oil was trading slightly lower ahead of an OPEC+ meeting on July 6 that is set to deliver another oversized production hike.

(Reuters) -Barclays on Thursday said it raised its Brent oil price forecast by $6 to $72 per barrel for 2025 and by $10 to ...

Stock markets rose and the dollar held steady Thursday as strong jobs data showed the resilience of the US economy.

Stock markets and the dollar largely steadied Thursday before key US jobs data and as investors kept a close eye on President ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

The physical volume of oil exports by OPEC countries in 2024 decreased by 3.55% to 19.01 mln barrels per day. OPEC's share of global oil deliveries was 43.96% last year, which is slightly lower than ...

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Saudi Arabia, OPEC’s top oil producer, earned $179 billion in 2024, making up about a third of the group’s total revenue..

The previously unreported preparations, which were detected by US intelligence, occurred some time after Israel launched its initial missile attack against Iran on June 13, said the officials, who req ...