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The West's energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following ...
Analysts said OPEC might not see any urgency to shift policy, as the surge in prices was driven by a rising risk premium ...
The global oil market is back in chaos after Israel launched military strikes against Iran on Friday. The move pushed crude ...
OPEC oil output rose in May, a Reuters survey found, although the increase was limited as Iraq pumped below target to ...
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
OPEC’s secretary-general projects a 24% rise in global oil demand by 2050 and warns of dire consequences from chronic ...
Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...