Producers' group reacts as the Middle East crisis threatens to fan a geopolitical risk driven oil price spike in a market ...

Oil market watchers are once again turning to the Organization of the Petroleum Exporting Countries for clues on whether it will act to temper price volatility and supply risks amid escalating ...

GEOPOLITICAL RISKS: Fears of a broader war in the Middle East have dominated markets this week after Israel dramatically escalated strikes against Iran-backed militant group Hezbollah in southern ...

The United States and Israel attacked Iran on Saturday in a development that could lead to a closure of the Strait of Hormuz, a major oil export route, for days.

At the same time, OPEC noted that OPEC's share in global exports could decline slightly by 2030 due to increased supply from Latin American countries, the United States, and Canada MOSCOW, September ...