BAKU, Azerbaijan, July 9. The 9th OPEC International Seminar is being held in the famous Hofburg Palace in the capital of ...

Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...

Of all the goals US President Donald Trump has set in his norm-shattering second term, the goal of restoring what he calls ...

OPEC+ members, including Saudi Arabia and Russia, have agreed to increase oil production by 548,000 barrels per day starting in August.

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

Gas prices are 12 cents lower in South Central Ohio this week at $2.909 per gallon, according to AAA East Central’s Gas Price Report.

The weekly Department of Energy/Energy Information Administration average weekly retail diesel price rose 1.2 cents/gallon ...

Oil markets have largely ignored the overtly aggressive production policy of OPEC+, with geopolitical fears keeping Brent ...

The move follows a series of production boosts initiated in April 2025 and comes amidst pressures to meet global demand and ...

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

Trump's tariffs have prompted uncertainty across the market and concerns they could have a negative effect on the global ...

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 ...