The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost ...

Eight OPEC+ member countries will go forward with plans to increase oil production amid President Donald Trump’s calls for reducing the cost of oil. The organization, headed by Saudi Arabia and Russia ...

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

While there might be some correlation between Saudi production policies and U.S.-Saudi relations, the reality seems more prosaic: OPEC relies on market trends, actual and predicted, far more than it ...

OPEC said on Wednesday that Kazakhstan led a sizeable jump in February crude output by the wider OPEC+, highlighting a ...

Many more wells are no longer profitable when oil sells for $60 a barrel or less. OPEC Plus, the name used by the Organization of the Petroleum Exporting Countries and allies like Russia ...

OPEC oil output rose in February, a Reuters survey found, as Iranian exports held strong, despite renewed U.S. attempts to ...

Production growth is what is driving Vitesse revenue growth against tougher comps in terms of price. Our concern primarily with Vitesse at this point is just the dynamics in oil prices, to which ...

The profits of local oil companies affiliated with Kuwait Petroleum Corporation (KPC) will remarkably improve in the ...

According to the survey, Organization of the Petroleum Exporting Countries oil output rose in February, as Iranian exports ...

A survey by Reuters has revealed that Nigeria is pumping 70,000 barrels per day above the quote allocated by the Organization ...