The EIA's crude oil price estimates were little changed from those of the previous report, with Brent forecast to average $74 a barrel this year and $66 a barrel the next. WTI is forecast at $71 and ...

Trump’s promotion of fossil fuel-driven growth poses significant challenges, but there are mitigating factors as well.

Russia has claimed 100% compliance with its oil production quota under the OPEC+ agreement in January and February.

The OPEC Fund contributed $25 million from its own resources as the A-lender and mobilized an additional $25 million B-loan ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

U.S. President Donald Trump said Wednesday he’s willing to immediately start working on a new nuclear deal with Iran that ...

OPEC’s X account on Wednesday showed al-Ghais on a visit to ... term after withdrawing from the Joint Comprehensive Plan of ...

"I would much prefer a Verified Nuclear Peace Agreement, which will let Iran peacefully grow and prosper," Trump said in the ...

U.S. President Donald Trump plans to restore his "maximum pressure" campaign on Iran including efforts to drive its oil ...

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

Alexander Novak, Deputy Prime Minister of Russia, said that the Joint Ministerial Monitoring Committee of the OPEC+ Group of ...

Alexander Novak noted that OPEC+ ministers at the meeting had stressed the commitment and correctness of the alliance's efforts to balance the market and coordinate actions ...