However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...

(Alliance News) - Shell's pre-results teaser revealed it expects "significantly lower" trading results in its Integrated Gas and Chemicals & Products divisions on a quarter-on-quarter basis. Here is ...

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...

Kazakhstan has formalized a consortium with Uzbekistan and Azerbaijan to export ‘green energy’ to Europe via a trans-Caspian ...

The Organization of Petroleum Exporting Countries and its allies, known as OPEC+, agreed on Saturday to extend its oil ...

Group has been curtailing production for several years to support the market, but reversed course to gain market share ...

OPEC+ agreed on Saturday to raise production by 548,000 barrels per day (bpd) in August, further accelerating output ...

Members to raise production by 548,000 bpd in August, reversing cuts faster than expected; S&P says supply will outstrip ...

The eight members have agreed to increase production by 548,000 b/d in August, up from a 411,000 b/d increase in July.

US president Donald Trump has threatened to impose an additional 10 per cent tariff on any nation aligning themselves with ...

The leaders of the BRICS group of developing nations have condemned attacks on Gaza and Iran, called for reforms of global ...