OPEC+ is set to ‌agree on Sunday to a modest oil ‌output hike, sources said, but the increase will remain largely on paper as ...

Dubai: Shipping tracker TankerTrackers.com has reported that Kuwait logged no crude oil exports in April for the first time ...

Unintended consequence of US president’s actions will be boon for China, the leading renewables manufacturer ...

OPEC+ plans a small oil output increase. This boost will be symbolic as the U.S.-Iran conflict blocks vital Gulf oil routes.

The move is designed to show the group is ready to raise supplies once the war stops Read more at The Business Times.

The global oil market is facing fresh uncertainty after the UAE’s shock exit from OPEC+. While the cartel has announced a modest output increase, analysts say the move is largely symbolic amid massive ...

Brent crude has surged to $125 per barrel due to escalating West Asia conflict and severe disruption at the Strait of Hormuz, ...

Seven Opec+ members are meeting today to make their first decision on oil-production quotas since the United Arab Emirates’ ...

OPEC+ weighs a June quota hike after UAE’s exit, but Iran war and Strait of Hormuz disruption keep real oil supplies ...