Libya was preparing to restart oil production that has been shut since late of August after an agreement on a new head of the ...

Traders sent Oil prices higher after Iran sent ballistic missiles into Israel as retaliation for the Lebanon ground incursion.

Libya’s eastern-based parliament approved a new central bank governor, ending a standoff over control of the OPEC member’s ...

The kingdom called out members for overproducing, in what was seen as a veiled threat of a price war.

OPEC has enough spare oil capacity to compensate for a full loss of Iranian supply if Israel knocks out that country's ...

Activity in the oil and gas sector declined slightly in the third quarter, according to energy executives responding to the Dallas Fed Energy Survey, as corporate outlooks turned negative amid rising ...

Russia's state revenue from oil and gas is expected to decline in 2025-2027 mainly because the tax burden on the country's ...

Much of the spare oil is in the Middle East Gulf region and vulnerable should the conflict escalate. Read more at ...

Oil futures ended lower Monday, giving up earlier gains, after Iran’s president told reporters the country was prepared to ...

Oil prices on Monday were responding more to European economic data than to the potential disruption of oil supply from the Gulf of Mexico or intensifying conflict developments in the Middle East.

Oil fell on a weak outlook for fuel demand and the potential for the conflict between Iran and Israel to de-escalate after ...

The Organization of the Petroleum Exporting Countries (OPEC) has enough spare oil capacity to compensate for a full loss of Iranian supply if Israel knocks out that country’s facilities but the ...