OPEC

The Covid-19 disruptions have changed the structure of the country's oil and gas sector with the share of OPEC crude in Indian oil import...Read More

The Organization of the Petroleum Exporting Countries (OPEC) predicts that global oil demand will register a historic high growth of seve...Read More

Shares were mixed in Europe and Asia on Thursday following a rally on Wall Street and a slight recovery in oil prices.

Asian shares rose moderately on Thursday following a rally on Wall Street and even oil prices recovering from their recent plunge to zero.

The Trump administration on Tuesday ordered Chevron Corporation to "wind down" operations in Venezuela by December 1, barring the Califor...Read More

President Donald Trump said Monday the United States would take advantage of the historic drop in oil prices to replenish its national st...Read More

International crude oil prices surged on Monday after the Organization of the Petroleum Exporting Countries (OPEC) and its allies includi...Read More

During a virtual summit held by G20 energy ministers on Friday top oil producers struggled to finalise production cuts, despite US Presid...Read More

Major oil producers except Mexico agreed to cut output in May and June by 10 million barrels per day, OPEC said Friday, after marathon ta...Read More

Major oil producers except Mexico agreed to cut output in May and June by 10 million barrels per day, OPEC said on Friday, after marathon...Read More

Crude oil inventory in the US rose by 15.2 mln barrels to 484.4 mln bbl in the week ended Friday, data from the country's Energy Informat...Read More

Oil prices rebounded on Tuesday on fresh hopes an OPEC-led meeting this week will reach an agreement to reduce oversupply and shore up th...Read More

A special meeting to discuss output cuts between OPEC and other major oil producers, among them Russia, will now likely be put back sever...Read More