Gas prices are dropping ahead of the summer travel season and experts say they'll likely stay low through this year.

Opec+ members have been holding back production for the past three years, cutting their combined output by almost 6mn b/d in ...

US crude oil has fallen more than 22% since peaking in January. Oil extended its losses on Wednesday even as tariff pressures ...

The Organization of the Petroleum Exporting Countries (OPEC) has received updated plans for Iraq, Kazakhstan and other ...

OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data ...

Crude oil futures are down about 13% since President Donald Trump announced his sweeping tariff plan on April 2.

OPEC cut forecasts for global oil demand growth this year and next as President Donald Trump’s tariff onslaught takes a toll ...

OPEC now expects demand to rise by 1.3 million barrels a day this year and 1.28 million barrels a day in 2026, compared with previous projections of 1.45 million and 1.43 million, respectively.

VLCCs have resumed their upward trajectory, with more — potentially a lot more — to come. After massive gains to close out ...

The share of OPEC oil in India's imports fell to a record low in fiscal year 2024-25 as refiners continued to gorge on ...

President Trump’s tariffs, global economic concerns, and OPEC oil production hikes have added much more risk and uncertainty ...

CVX, COP and EOG offer stability and upside, as OPEC's outlook signals slower growth but confirms oil's lasting role in the ...