OPEC oil output fell in September to its lowest this year, a Reuters survey found on Thursday, as unrest disrupted Libyan ...

Senior ministers from Opec and its allies have kept to current plans to reduce production. Crude prices have spiked due to ...

Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high.

OPEC said in a statement on Wednesday that a Wall Street Journal article reporting that Saudi Arabia's oil minister had said ...

Crude oil futures ended with small gains. Saudi Arabia oil minister reportedly warned OPEC members that oil could drop to $50 ...

Rebecca Babin, CIBC Private Wealth senior energy trader, joins 'Squawk Box' to discuss oil price trends, impact of Iran's ...

(Reuters) - Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and ...

Analysts believe that a major supply disruption, such as the closure of the Strait of Hormuz, remains unlikely.

Increasing geopolitical tensions and concerns about production levels have been fueling volatility in the energy markets ...

Nigeria continues to struggle to meet its OPEC’s quota as its crude oil production fell by 40,000 barrels per day ...

A Reuters survey on Thursday shows September oil production from OPEC dropping to its lowest point this year, at 26.14 ...

Whatever happens, oil prices look set to be nearer $50 a barrel than $100 for the foreseeable future. Only an all-out war in the Middle East can change that outlook.