OPEC

The Organization of the Petroleum Exporting Countries (OPEC) on Monday raised its forecast for global oil demand in 2022 on the back of strong economic recovery prospects, while revising downward ...

MOSCOW—The head of Russia's No. 2 oil producer Lukoil said that oil prices of $65–$75 were "comfortable" for ...

WASHINGTON—Worried about rising gas prices, the Biden administration has called on oil-producing countries including Saudi Arabia and Russia ...

Commentary The price of oil surged to $75 a barrel the other day under President Joe Biden’s green ...

The past year has seen oil & gas stocks flourish amid a Goldilocks environment.

Oil prices are rising due to high demand and low supply. OPEC+ countries are canceling crisis talks because they can't ...

The White House on March 4 sidestepped questions about whether President Joe Biden was doing anything to curb ...

LONDON/HOUSTON—OPEC and U.S. oil companies expect a limited rebound in shale oil supply this year as top U.S. ...

LONDON—Oil prices extended gains on Feb. 4 after the OPEC+ alliance of producers stuck to its reduced output ...

HOUSTON—A decision by OPEC and allied countries to cut crude production through March delivered a late Christmas present ...

OPEC and its allies see oil inventories declining further in 2021 should producers extend supply curbs for three ...

LONDON—Oil prices fell on Monday on fears about the economic fallout from rising COVID-19 cases around the globe ...

Oil prices dipped July 13 as traders considered factors such as a surge in COVID-19 infections globally and ...

LONDON—The International Energy Agency (IEA) bumped up its 2020 oil demand forecast on Friday but warned that the ...

While the CCP (Chinese Communist Party) virus pandemic has dealt a body blow to global oil demand in ...

Oil prices fell to around $40 per barrel in early trading on Wednesday after reports that American Petroleum ...

Following a shock selloff in U.S. oil futures last month that saw prices dive into negative territory, oil ...

Commentary The Organization of the Petroleum Exporting Countries (OPEC) and its partners have been cutting production since September ...

White House economic advisor Larry Kudlow told CNBC on Wednesday that he expects the price of oil to ...

The International Energy Agency (IEA) said this week that global oil demand will fall by the highest amount ...

WASHINGTON—Oil-producing nations reached an agreement over the weekend to reduce output by a record amount, ending a weeks-long ...

Oil prices fluctuated on April 13 as the positive impact of major producers agreeing to record global output ...

BAKU/DUBAI/LONDON—OPEC and allies led by Russia agreed on Sunday to cut oil output by a record amount—representing around ...

Oil prices soared on April 2 after President Donald Trump said Russia and Saudi Arabia may soon reach ...

Saudi Arabia has fired the first salvo in an oil price war, slashing crude prices after OPEC's supply ...

Oil fell below $57 a barrel on Feb. 18, pressured by concerns over the impact on oil demand ...

Global oil demand is expected to suffer its first quarterly contraction in over a decade, according to the ...