OPEC's spare oil production capacity is the go-to argument by many analysts when the threat of higher prices rears its head. The latest International Energy Agency monthly report was no exception. But ...

If you look at OPEC and their announcements in terms of usage, they continue to revise the fact that consumption is actually ...

Investors interested in the energy sector could benefit from focusing on resilient stocks like Diamondback Energy, ExxonMobil ...

Oil prices fell sharply Monday after OPEC cut its demand growth forecasts, amid concerns for the health of the Chinese ...

The Saudi Arabian government is reportedly on the verge of flooding the global market with oil supply if the Organization of ...

A: OPEC is managing the market because there's actually too much oil in the market. So OPEC is cutting 3 million barrels, ...

Add another projection that VLCC rates could hit six figures. Jefferies’ Omar Nokta said Opec’s signalling that it was shifting away from price protection and towards fighting for market share ...

Heineken Lokpobiri, has said that Nigeria will comply with the production quota set by the Organisation of Petroleum Exporting Countries, OPEC. Recall that on June 2, 2023 during the ministerial ...

Very little impact has been felt beyond the immediate region, with the main effects limited to financial markets as investors ...

Heineken Lokpobiri, minister of state for petroleum resources (oil), says Nigeria will conform with the production quota set by the Organisation of Petroleum Exporting Countries (OPEC).

Perhaps the biggest consequences for the US from higher global crude prices is at the ballot box. Escalatory action in the Middle East could drive up gasoline prices, just as Americans go to the polls ...

If you're a fan of "Mean Girls," you know the date of October 3 is slightly more "fetch" than the other days of the year. Since the release of the hit comedy movie in 2004, Oct. 3 has commonly ...