Exxon Mobil’s third-quarter earnings beat Wall Street’s expectations, bolstered by strong Guyana and Permian Basin production ...

Oil prices settled marginally lower on Monday as OPEC's plans to increase oil output once again outweighed hopes of a trade ...

Crude oil futures ended little changed, as traders continue to assess the eventual impact of US sanctions on Russian oil that ...

OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after ...

Oil and natural gas markets remain in consolidation as traders await key triggers from the Fed and OPEC, while the US Dollar ...

The government stopped publishing official output figures after November 2023, just weeks before its departure became ...

Iraq was in negotiations over the size of its quota within its available capacity of 5.5 million barrels per day.

The world's biggest oil companies are expected to press ahead with plans to accelerate production growth when they report ...

OPEC+ has been raising production despite weakness in oil markets, with the cartel seeking to reclaim a greater share of the ...

OPEC will bring in an independent consultant to evaluate the production capacity of its member states, Kuwait’s Oil Minister ...

The agreement, signed in Riyadh during the 9th Future Investment Initiative, formalizes a strengthened partnership between ...

Discover how OPEC, the global oil cartel, influences oil prices and production in 2024. Learn about its member nations, history, challenges, and current strategies.