Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...

0116 GMT – Oil prices are mixed in early Asian trade. Market sentiment is likely weighed after OPEC cut its demand forecasts, Westpac senior economist Pat Bustamante writes in a note. In its monthly ...

Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...

Initially, OPEC did not wield its full pricing power as a cartel in the 1960s. Oil prices were relatively stable until the ...

Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed ...

Kazakhstan lowered oil production sharply in October, with maintenance work closing one of its main fields, but still failed ...

OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday, highlighting ...

China’s weak oil demand has already thrown OPEC+ off track in its supply-management policies. Trump's energy policies could ...

For decades the US has been susceptible to oil price shocks due to political volatility in the Middle East. However, as the ...

UNITED NATIONS - The UN General Assembly on Wednesday adopted overwhelmingly an annual resolution urging the United States to end its long-standing economic and trade embargo against Cuba.

Argentina's president, Javier Milei, has sacked his foreign minister, Diana Mondino, after the country voted in favour of lifting the US economic embargo on Cuba at the United Nations. Argentina ...