Some analysts say President Biden may have received a timely election boost from OPEC's production decision, which potentially keeps a lid on gasoline prices through the end of the year.

An already spooked energy market received further jitters on Friday after U.S. President Joe Biden suggested Israel targeting ...

The Federal Trade Commission last week whaled Hess CEO John Hess, a shale-fracking pioneer who has lambasted the ...

Opinions expressed by Forbes Contributors are their own. Dan Eberhart is CEO of Canary, LLC. From left to right; UAE Energy Minister Suhail al-Mazrouei, India's Minister of Petroleum and ..

Iran no longer has the ability to hold the global oil markets at risk. U.S. production and Iran's declined output are ...

The forecast comes as President Joe Biden begins a trip to the Middle East on Wednesday. During a stop in Saudi Arabia, he is expected to pressure OPEC's de facto leader to increase output to ...

"And certainly in light of the OPEC decision, I think that's where he is." Biden is willing to work with Congress on the future of Saudi relations, Kirby added. Bob Menendez, the Democratic ...

Oil prices have fallen by more than 5% in the past two days, on the back of a weaker demand outlook and the new reports about ...

Oil prices fell 2% on Monday as OPEC again lowered its outlook for 2024 and 2025 global oil demand growth while China's oil ...

Additionally, Biden indicated that he did not expect Israeli ... OPEC+ is a group of 13 OPEC (Organization of the Petroleum Exporting Countries) members and 10 other oil-producing countries ...

Geopolitical tensions weigh on energy markets, with oil prices retreating amid profit-taking and OPEC’s supply stability.