Current projections estimate demand will reach around 106 million barrels per day by 2030, with crude oil prices expected to range between $65 and $75 per barrel. However, with current prices at about ...

This adjustment will be implemented in December 2025, OPEC said in a press release, adding that the eight countries reaffirmed commitment to market stability on current healthy oil market fundamentals ...

Eight members of the oil cartel agreed on Sunday to a small increase but said they would now pause in adding more oil, reflecting market concerns about an oversupply.

OPEC and its partners will make one final modest oil production increase in December before pausing additional hikes through ...

The move caps a dramatic month in oil markets, riven by concerns of a supply glut and uncertainty over sanctions on Russian ...

OPEC+’s cautious approach is informed by concerns about a supply‐demand mismatch next year. The International Energy Agency ...

Trump said Friday he’s designating Nigeria a country of particular concerndue to worries about the safety of Christians in ...

President Donald Trump threatened possible U.S. military action in Nigeria, saying its government “continues to allow the killing of Christians” by Islamic militants.

Indian refiners are shunning Russian oil due to fresh U.S. sanctions, leading to a pivot towards costlier alternatives and ...

Big Oil leaders Exxon Mobil, Chevron, and Shell continue to hike their crude oil production volumes from West Texas’s Permian ...

Oil futures posted their third straight monthly loss with underlying concerns about oversupply keeping a lid on geopolitcally driven rallies.

Oil prices popped up on media reports that U.S. air strikes on Venezuela could begin within hours only to fall after U.S.