The Organisation of Petroleum Exporting Countries and its allies (OPEC+) recorded a decline in crude oil output in May 2025, ...

With Iran's crude exports so far unaffected, the OPEC secretary-general said OPEC doesn't need to take any immediate action.

Analysts are doubtful that oil prices will jump further. Read more at straitstimes.com. Read more at straitstimes.com.

Having successfully led Ford Saudi Arabia, Amith will now extend his remit to North Africa—aligning Ford’s regional vision ...

Smoke billowed above fuel tanks in Tehran and gas plants on Iran’s south coast on Sunday as energy became the latest front line in its conflict with Israel. Iran’s creaking energy sector, starved of ...

The importance of oil and gas can't be underestimated at times when conflicts occur, something that was currently being seen, ...

Israel’s surprise military strike on Iran has jolted oil markets and cast fresh attention on the recent production decisions ...

Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...

Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...

Why is Saudi Arabia pumping more oil into an already-full market? Riyadh looks fed up with propping up the oil price and ...

Major stock markets in the Gulf rose in early trade on Wednesday in line with Asian shares, on signs of progress in trade ...

U.S. shale is more vulnerable than in past price wars, needing $65+ WTI to stay profitable amid rising costs and geological ...