Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...

Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...

A group of eight major oil producers - Saudi Arabia, Russia, the United Arab Emirates, Kuwait, Oman, Iraq, Kazakhstan and Algeria - decided on Saturday to increase joint production by 548,000 barrels ...

TEHRAN - Iran has become the second-largest oil refiner among OPEC member states, with a daily refining capacity of 2.237 million barrels — accounting for 16 percent of OPEC’s total and 2.1 percent of ...

The move follows a series of production boosts initiated in April 2025 and comes amidst pressures to meet global demand and ...

OPEC+ members, including Saudi Arabia and Russia, have agreed to increase oil production by 548,000 barrels per day starting in August.

The weekly Department of Energy/Energy Information Administration average weekly retail diesel price rose 1.2 cents/gallon ...

The moderation in prices comes after Trump issued formal notifications to several trading partners that significantly higher ...

The heavily sanctioned and militarily targeted producer of crude has missed its targets throughout much of 2025, Bloomberg ...

Trump's tariffs have prompted uncertainty across the market and concerns they could have a negative effect on the global ...

The journey of Pakistan towards attaining self-reliance in the energy sector continues at a fast pace under the Special ...

MUSCAT: The official price of Oman oil for September delivery on Monday reached $69.71 per barrel. The price of Oman oil ...