Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose ...

The transaction marks the country’s priciest home sale, though Silvio Berlusconi’s property is valued at more than double ...

As it stands, the New York asset manager said Saudi Arabia is in a position to reclaim market share amid tepid Chinese oil demand, production increases from the Atlantic basin and some Opec+ members ...

Amid these tectonic changes, Yemen’s Houthis are benefiting from the vacuum created by the Assad regime’s dissolution and the ...

Both benchmarks rose more than 1% on Monday after U.S. President Donald Trump announced a 25% tariff on countries importing ...

When President Luiz Inacio Lula da Silva took office in early 2023, environmentalists breathed a sigh of relief. After four years of environmental destruction under his far-right predecessor Jair ...

Once a climate champion, Brazil's president Lula is pushing for more oil drilling, even as the country prepares to host the ...

The USOI ETN's strong distribution yield has offset crude oil's negative fundamentals. Check out why I downgrade the fund ...

Opec+ will probably stick to its plan to raise oil output for a second consecutive month in May, four sources told Reuters, amid steady oil prices and plans to force some members to reduce pumping to ...

The oil fundamentals have swiftly moved into bullish zone amid fear of sanction on Iran and Venezuela getting stricter from ...

That would be the second monthly increase under a plan to unwind some of the millions of barrels per day of cuts the group ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.00 during the early Asian session on Tuesday ...