In a shocking move that’s rattling global oil markets, OPEC has delivered a powerful blow to the U.S. energy ...

TEHRAN - Iran has become the second-largest oil refiner among OPEC member states, with a daily refining capacity of 2.237 million barrels — accounting for 16 percent of OPEC’s total and 2.1 percent of ...

Oil prices remain at a level that ensures a handsome cash flow and dividend for Devon Energy. APA is an exploration and ...

The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...

Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...

Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...

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Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...

Markets are seeking clarity on President Trump's tariffs, with the president targeting Aug. 1 for new country-specific ...

The moderation in prices comes after Trump issued formal notifications to several trading partners that significantly higher ...

However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...

Oil reversed an early drop on Monday despite a larger-than-expected supply increase by OPEC+ for August that was announced at ...