The cartel projects demand will rise by 1.34 million barrels a day next year, slightly below its estimate for 2026.

By Robert Harvey LONDON, Jan 21 (Reuters) - The global oil market will be in deep surplus in the first quarter of 2026, the International Energy Agency said on Wednesday, as so far excess supplies ...

By Steve Holland and Jarrett Renshaw WASHINGTON, Jan 14 (Reuters) - President Donald Trump said on Wednesday that he believes ...

Equatorial Guinea, OPEC's smallest producer, is seeking $300 million in prepaid deals from commodity traders for future crude ...

President Trump said in an interview Wednesday that he supports Venezuela staying in the Organization of the Petroleum ...

Bringing Venezuela’s output under U.S. control has the potential to disrupt the power balance in the world market.

By Nidhi Verma NEW DELHI, Jan 15 (Reuters) - India's Russian oil imports fell to their lowest level in two years in December, ...

The prospect of increased U.S. influence over Venezuela’s oil industry is raising questions about Washington’s potential ...

Venezuelan output declined by about 14% to 830,000 barrels a day as the US blocked and seized tankers as part of a strategy ...

VIENNA -- The Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday that the global oil demand for 2027 ...

OPEC’s share of India’s crude oil imports climbed to an 11-month high in December as U.S. sanctions curbed Russian shipments, ...

OPEC+ kept oil output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group’s members. Sunday’s meeting of eight members of ...