Russian oil exports are down as the country moves to comply with OPEC production cuts and sanctions…

Faced with slow demand growth, high interest rates, and the rise in U.S. oil production, the group …

Putin backed the production cuts, but said the output is dropping "while it grows in other countrie…

In January, OPEC+ crude output witnessed a decline of 340,000 b/d, attributed partly to voluntary c…

Oil demand is uncertain at a time when supply is rising both from countries within OPEC+ and from p…

But oil prices later gave up gains and turned lower, with Brent crude and West Texas Intermediate b…

"We're looking at 2024 and we're concerned that the market is actually going to end up being oversu…

OPEC described the move as aiming to "achieve and sustain a stable oil market, and to provide long-…

Russian oil exports jumped over the last week. OPEC and its allies have been trying to curb output …

According to S&P Global, against the backdrop of a turbulent global stage, characterized by economi…

Robust demand from countries like India, which is showing "phenomenal economic growth," mean peak o…

Crude oil prices are expected to rise after the oil cartel OPEC+ announced their decision to extend…

Eliminating oil production cuts would be "so painful" for OPEC that the organization is likely to s…

OPEC+ scaled back oil output by 490,000 barrels a day last month, Bloomberg reported, with half of …

Despite Moscow's pledges to curb exports, Russia's energy outflows have boomed in recent weeks.

The oil cartel announced it was slashing production by over 1 million barrels a day, shrugging off …

Saudi Arabia has likely pulled in an extra $30 million a day in oil revenue, or about $2.6 billion …

US exported nearly 4 million barrels a day of oil in the first half of 2023, up 19% from a year ago.

The second quarter kicked off with an announcement by OPEC+ stating production cuts of 1.6 million …

Saudi Arabia could be pushed to flood the oil market with supply in a bid to regain control of pric…