Iran has raised the price of its heavily subsidised gasoline for heavy users, state media reported, as the Opec member seeks to control rising fuel demand without triggering public anger. Proposals to ...

The Middle Eastern oil market has weakened in recent weeks on concern that regional supplies will outstrip demand.

Sara Vakhshouri, President of SVB Energy International, also talks about the other dynamics at play in the oil market, ...

Liberia has recorded a major breakthrough in its drive to restore and expand critical national infrastructure following the ...

OPEC says global oil market fundamentals remain supportive as 2025 draws to a close, despite softer crude prices in recent ...

Texas is about to deploy a potential solution to the oil industry’s toxic wastewater problem — but it’s a move that carries ...

The recent seizure of an oil tanker known as Skipper by the U.S. off the coast of Venezuela marks a dramatic escalation of ...

Oil prices closed lower on Friday, marking a 4% weekly decline as a supply glut and a potential Russia-Ukraine peace deal ...

OVERVIEW: Oil prices are on track for a significant weekly loss as an overall bearish supply outlook offsets persistent geopolitical concerns. In afternoon trading in Europe, Brent crude was just ...

OPEC said earlier in its report that Russia increased oil production by 10,000 barrels daily to 9.367 mln barrels per day in November 2025 ...

Venezuelan leader Nicolás Maduro says escalating pressure from the US comes down to one thing: Washington wants to grab the ...