Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

Opec will stop using the US Energy Information Administration (EIA) to independently monitor its members’ production levels, ...

An aircraft that U.S. officials say was used to benefit Venezuelan President Nicolas Maduro was seized Thursday in the ...

Energy prices have had a volatile start to the year, driven by a combination of sanction and tariff risks, along with colder ...

"I would much prefer a Verified Nuclear Peace Agreement, which will let Iran peacefully grow and prosper," Trump said in the ...

OPEC+ didn’t make any changes to its existing oil-production plans at a review meeting on Monday, even as President Donald ...

The OPEC Fund contributed $25 million from its own resources as the A-lender and mobilized an additional $25 million B-loan ...

The market cannot overlook the increasing sanctions and potential disruptions to Russian and Iranian oil flows, which could ...

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

The OPEC Fund for International Development (the OPEC Fund) has arranged a syndicated loan with a US$50 million facility for ...