underlining the nation’s commitment to sustaining equilibrium in global oil markets through capacity expansion and coordinated policy. At the 9th OPEC International Seminar in Vienna on 9 July, Al Mazrouei praised OPEC+ for its collective decision ...

Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for more oil, ministers and executives from OPEC nations and bosses of Western oil majors said on Wednesday.

The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of difficulties affecting others.

The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional barrels per day set to hit global markets in August, in a bid to regain market share lost to other oil producers,

OPEC+ jolted markets by announcing it would flood the market with more oil.

War can lead to ‘complications on energy producers’ and hardships on national economies, Iran’s oil minister warned on Wednesday.

Sarah Emerson, President of ESAI Energy, talks about OPEC+ latest production hike, summer demand and supply. She speaks to Bloomberg's Joumanna Bercetche from the sidelines of OPEC's 9th International Seminar in Vienna.

In a shocking move that’s rattling global oil markets, OPEC has delivered a powerful blow to the U.S. energy strategy,reminding the world who still controls the oil game. As U.S. shale oil and LNG exports soared,