Oil prices are forecasted to face a glut in 2026, forcing OPEC+ to maintain production cuts against global supply and ...

Eyebrows all over the world were raised when he said, “There is no price war” – after all, anyone with even a passing interest in the oil and gas industry over the past 25 months would disagree. But ...

WTI settled below $62, down 14% this year as global supply growth and weak US jobs data weigh on demand outlook. Oil fell to the lowest since May ahead of a weekend OPEC+ meeting where Saudi Arabia ...

The OPEC+ members currently participating in voluntary production cuts will meet this Saturday, May 3, instead of Monday, May 5, according to Kpler’s Amena Bakr on X. The call is set for noon Vienna ...

VIENNA, Austria (AP) OPEC delegates broke off informal talks Wednesday without agreeing whether the oil producers cartel should adjust output, highlighting their dilemma of trying to reverse a slide ...

1053 GMT – Oil prices extend losses in midday trade, with Brent crude and WTI both down 1% to $68.08 and $66.33 a barrel, respectively, as fundamentals point to excess supply in the coming months.

HOUSTON (Reuters) -Crude futures fell marginally on Friday as investors considered oil's geopolitical risk premium amid drawn-out Russia-Ukraine peace talks, while keeping an eye on Sunday's OPEC+ ...

Natural gas futures (NG1:COM) climbed to $3.40/MMBtu on Wednesday, the highest in a week, driven by declining production, heightened short-term demand, and forecasts of a hotter-than-average summer.

The OPEC-Nigeria Bilateral Meeting that took place last week has sent yet another signal of the strong dialogue and cooperation between OPEC and Africa’s biggest producing country. African Energy ...

VIENNA, Oct 24 (Reuters) - An emergency OPEC meeting on Friday was expected to cut production by at least a million barrels per day as a first step towards halting a deep price slide. Sign up here.

On Dec. 21, 1975, the notorious terrorist Carlos the Jackal led a raid on a meeting of OPEC oil ministers in Vienna. German ...