The Organization of Petroleum Exporting Countries (OPEC) is very positive on demand for oil in both the short and long term, Secretary General Haitham Al Ghais said at an energy industry event in Abu ...

Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...

Oil prices traded in a narrow range on Tuesday ahead of what is expected to be an exceptionally close U.S. presidential ...

Escalating tensions in the Middle East and U.S. relations with China pose the greatest concerns for Big Oil, according to ...

The forecasts come amid a slowing Chinese economy, which has significantly hit oil demand and abundant global supply.

OPEC+ has delayed its planned production increase for a second time, citing market conditions and geopolitical uncertainties.

Halliburton's global business is solid, but risks from OPEC+ and US slowdown may impact margins. Learn why HAL stock could ...

OPEC+ agreed to push back its December production increase by one month, the second delay to its plans to revive supply as ...

The Organization of the Petroleum Exporting Countries and allies are in a dilemma with its decision to increase oil output ...

Charterers were also able to grab the upper hand in the suezmax market, pushing down average earnings 3% to $44,795 per day, ...

Escalating tensions in the Middle East and US relations with China pose the greatest concerns for Big Oil, according to some ...