President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil ...

Oil benchmarks hit their lowest levels since 2021 as investors worried the inflationary risks of tariffs and OPEC’s recent ...

Crude oil now costs 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on ...

OPEC+, which includes OPEC, plus Russia and other allies, has implemented a series of output cuts since late 2022. Its compensation plan is designed to ensure that members who do not make the cuts ...

The surprising decision of OPEC+ to increase oil production by a hefty amount for May leaves the market better supplied over April-June.

Vessels carrying Venezuelan crude chartered by Chevron are stalled due to cancellation of their export authorizations after the U.S. imposed secondary tariffs.

The Keystone Pipeline in North Dakota was shut down Tuesday after reports of a "bang" and spilled oil, according to officials ...

The loans, announced this month, come from an OPEC fund that invests in parts of Africa, Asia, Latin America, and the Caribbean. The largest share will go to Tanzania, with a $75 million loan ...

The latest monthly report from OPEC shows that the cartel has revised its global oil demand growth forecast for 2025 downward for the first time since December, now projecting an increase of 1.3 ...

The government will continue to put emphasis on minimising the existing trade gap between the USA and Bangladesh in the wake of the US reciprocal tariff issue, Finance Adviser Dr Salehuddin Ahmed said ...