Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist ...

Expectations that the OPEC and its allies will start unwinding voluntary output curbs of 2.2 million barrels a day starting ...

Oil futures finished higher on Friday to modestly pare back their weekly loss from expectations OPEC+ will boost production ...

OPEC raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing growth led by India, ...

The oil body said there "has been further recognition that the world can only phase in new energy sources at scale when they ...

Ghais’s speech in Brazil got off to a rough start after the power went out to the podium and a protester took to the ...

OPEC said Tuesday that phasing out oil was a "fantasy", as the Saudi-led cartel forecast that demand would keep growing until ...

The cartel said oil demand is forecast to reach 120.1 million barrels a day in 2050 from 102.2 million barrels a day last ...

The chasm between the two forecasting bodies has widened so much in the past two years that they now hold contrasting views ...

Everyone is aware that BRICS is a balancing act against the West, which has been pulling the strings in the post-World War II ...

According to OPEC, oil demand will remain robust for decades, with growing demand in non-OECD regions and the continued need ...