Amidst the gloom, renewable energy and electrification are among the many lights shining through the cracks of a decaying ...

OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab ...

OPEC’s crude production dipped last month as the United Arab Emirates stepped up implementation of supply cutbacks aimed at ...

Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened, while data showing an unexpected increase in ...

Oil prices trimmed earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of ...

Oil prices fell further due to a significant increase in U.S. fuel inventories, with Brent crude and West Texas Intermediate ...

Long-term musing: As many have suspected for some time, nowhere is inflation coming down to central bank targets of 2%. As ...

Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while data showing an unexpected increase in ...

The Organisation of Petroleum Export Countries (OPEC) has disclosed that Nigeria surpassed its December quota, with oil ...

How does OPEC influence the price of WTI Oil? OPEC (Organization of the Petroleum Exporting Countries) is a group of 12 Oil-producing nations who collectively decide production quotas for member ...

Highlights:,Definition of OPEC,: OPEC, the Organization of Petroleum Exporting Countries, is an intergovernmental organization that coordinates and unifies petroleum policies among member ...

Merging one or more of the Middle East exchanges and expanding their capabilities could lead to an ultimate crude oil ...