Behind OPEC+'s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are pushing ...

OPEC+ output hikes, however, also come as the best quality shale areas in the biggest U.S. oilfield, the Permian, have been ...

India is emerging as a key player in global energy, driving demand optimism despite global oil market headwinds. Leveraging ...

India's diversification of oil sources, particularly its continued reliance on Russian oil, is a significant factor in the ...

India’s growing energy requirements come at a time when global oil markets are facing weak fundamentals in 2025 due to sluggish demand and rising supply from both OPEC+ and non-OPEC+ producers.

MOSCOW. May 21 (Interfax) - Russia's Finance Ministry is not currently preparing to raise taxes on oil and gas companies due to the drop in oil prices, but neither is it planning to ease the tax ...

Oil prices rose about 1% on Wednesday after reports that Israel could be preparing to strike Iranian nuclear facilities ...

As Gulf states shower him in riches, the US president seems ready to break with any diplomatic tradition in order to expand ...

Crude oil futures spiked over 1% as geopolitical tensions between Israel and Iran raised regional supply concerns. Prices briefly broke the 50-day moving average at $63.00, reaching $64.19 before ...

Oil prices were little changed on Tuesday due to uncertainty in U.S.-Iran negotiations and Russia-Ukraine peace talks, while ...

OPEC remains optimistic about oil demand growth through 2026, even as it warns of declining investment and slower supply growth from non-OPEC+ producers like the U.S.

Kazakhstan's oil production has risen by 2 per cent in May, an industry source said on Tuesday, an increase that defies pressure from OPEC+ on the Central Asian country to reduce its output.Kazakhstan ...