Oil prices may fall to $50 per barrel as trade tensions between the US and China show no signs of abating. In such a scenario ...

OPEC+ members have submitted plans to compensate for 4.57 million bpd in overproduction, with the bulk of offsets scheduled ...

European equities have started the week with a positive trading day, but with investors still reeling from one of the wildest ...

WASHINGTON - U.S. Energy Secretary Chris Wright said on Tuesday that Iran can expect tighter sanctions if it does not come to ...

VIENNA, 8th April, 2025 (WAM) -- The OPEC Fund for International Development has signed a financing agreement with Banesco, a financial institution in the Dominican Republic, to provide a US$10 ...

Rep. Marjorie Taylor Greene (R-Ga.) said Monday that countries that don’t try to negotiate a trade deal with President Trump will “lose bigly.” The outspoken, far-right congresswoman echoed ...

“It really was a surprise to see OPEC increase their quotas to the extent ... with oil prices reflecting the view that the countries that are the biggest drivers of oil demand growth would ...

A Reuters survey on Monday showed OPEC oil output falling in March ... Washington led to the March drop in exports. As of April 3, countries purchasing Venezuelan oil face a 25% tariff on all ...

Texas is joining more than a dozen state legislatures considering regulating which flags can be displayed in public buildings or schools. But while two bills moving in Austin would ban most flags ...

VIENNA, April 5 (KUNA) -- The 59th Meeting of the Joint Ministerial Monitoring Committee (JMMC) on Saturday valued the additional voluntary production adjustments made by the 8 OPEC plus countries in ...

Oil tumbled to the lowest in four years, following a surprise output increase by OPEC+ and a rapidly escalating global trade war that’s also rattling commodities markets from metals to gas.

CALGARY - Fears of a tariff-driven recession have led to a steep drop in the price of crude oil, walloping Canadian energy stocks and stoking worry about the sector’s outlook should the weakness ...