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 ...

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 ...

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 ...

Kyiv. Three people, including a 5-year-old child, were killed in a massive drone attack by Russian forces on Ukraine’s ...

According to the Reuters report, OPEC+ plans to increase output by a further 135,000 barrels per day in May. This would be ...

Three sources said that OPEC+ would likely stick with its plan to increase oil production for a second month in a row in May.

Shell is considering a potential delisting from the London Stock Exchange, which could have significant implications for BP's ...

The Russian central bank warned Kremlin policymakers that the United States and OPEC could flood the oil markets and cause a ...

Russia's central bank warns Kremlin policymakers of potential oil market flooding by the U.S. and OPEC, which could echo the ...