OPEC's total spare capacity is 5.3 million bpd, of which 3.1 million bpd is held by Saudi Arabia, 1.1 million bpd by the UAE, ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

U.S. President Donald Trump will reimpose "maximum pressure" on Iran and drive its oil exports down to zero, a U.S. official ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

U.S. President Donald Trumpon Tuesday restored his "maximum pressure" campaign on Iran that includes efforts to drive its oil ...

West Texas Intermediate (WTI) crude Oil price continues to decline for the second consecutive day, trading near $71.50 per ...

Standard Chartered has argued that Trump is unlikely to get his wish to force OPEC to cut the oil price, nting that ..

OPEC producers, US oil companies are private and have shareholders to pay, and secondly, the producer’s breakeven prices for ...

Trump’s memo, among other things, orders the U.S. Treasury secretary to impose ‘maximum economic pressure’ on Iran, including ...

OPEC’s decision to maintain production and sluggish demand weigh on natural gas and oil, signaling bearish trends ahead.

Oman seeks investors to explore three oil and gas concession areas as part of its energy asset monetization. The Ministry of ...