Kazakhstan's public defiance of the OPEC+ oil production alliance could signal its exit from the group and push Saudi Arabia ...

Venezuela will begin exporting a new medium crude blend this month as part of a marketing strategy to avoid a collapse of its ...

Oil prices fell to a four-year low in April, weakened by a U.S.-China trade war and the unexpected decision by OPEC+, which ...

U.S. crude oil production has surged to 13.5 million barrels per day, adding significant supply to the global market. Click ...

US crude oil has fallen more than 22% since peaking in January. Oil extended its losses on Wednesday even as tariff pressures ...

Kazakhstan has sparked fresh tensions within OPEC+ by asserting that its oil production strategy will be governed by national ...

Opec+ members have been holding back production for the past three years, cutting their combined output by almost 6mn b/d in a bid to push crude prices higher. Those efforts helped to keep crude above ...

Kazakhstan is fulfilling its OPEC+ obligations and has an ongoing dialogue with the group to find “mutually acceptable ...

Eight OPEC+ countries will meet on May 5 to decide the June output plan. The three sources, speaking on condition of ...

Oil traders aren't persuaded by the equity rally, since big problems are brewing within the Organization of the Petroleum Exporting Countries, said Manish Ra ...

The loan aims to support macroeconomic and financial sector reforms in Bangladesh, the ERD said in the statement.

Petroleum futures fell broadly by midday Wednesday as a report of a possible output hike by OPEC and its allies more than offset U.S. data showing decent drawdowns of refined product stockpiles last ...