OPEC

Oil prices plunged more than 26%, after OPEC failed to strike a deal with its allies regarding production cuts. As a result, Saudi Arabia slashed its prices...

Russia supports a recommendation to deepen OPEC+ global oil supply curbs to compensate for a drop in demand caused by the coronavirus, Foreign Minister Sergei...

The recent meeting between Russian President Vladimir Putin and Saudi Crown Prince Mohammed Bin Salman Al Saud, held on the sidelines of the G20 summit in Osaka,...

The price of Brent crude oil opened above $70 per barrel at trading start on Monday, sustaining its five-month highs as global oil supply tightens with OPEC+...

Global oil supply decreased in February by 0.16 million barrels per day (mb/d) month-on-month to average 99.15 mb/d, the Organization of Petroleum Exporting...

Updates from OPEC and Venezuela, along with a couple of oil price forecasts served to push Brent to the highest price since the start of the year, touching...