Iraq emerged as the largest OPEC crude oil supplier to the United States in May, driven by strong export volumes and ...

Kazakhstan’s crude oil production surged to record highs in June, openly breaching OPEC+ quotas and challenging the group's ...

The money adds to the $1.5 billion loan South Africa agreed with the World Bank last month for a similar purpose ...

Oil prices were steady on Tuesday as investors assessed expectations that OPEC+ will announce an output hike for August at an ...

The EIA revealed on Tuesday that the United States imported over 30 million barrels of crude oil from OPEC countries in May.

Bearish oil traders foresee a world soon to be awash in crude, but it might be a lot harder to oversupply the market than widely thought, thanks to one overlooked factor - at least according to one ...

Oil prices were slightly higher on Tuesday as investors assessed expectations that OPEC+ will announce an output hike for ...

MOSCOW. July 1 (Interfax) - OPEC+ member countries have the capacity to increase production by 386,000 barrels per day to 36.526 million bpd by June, taking into account quotas and compensation ...

Oil prices steadied on Tuesday after sliding earlier in the session, with the market weighing expectations of an OPEC+ output ...

Past conflicts involving oil-producing nations in West Asia have significantly impacted global crude-oil prices. However, the ...

Oil prices are under pressure as expectations grow that OPEC+ will announce a large supply increase for August. Given its ...

Nigerian crude prices dipped to a three-week low on Tuesday, falling back to rates seen before the recent Israel-Iran fighting ...