The move caps a dramatic month in oil markets, riven by concerns of a supply glut and uncertainty over sanctions on Russian ...

Eight members of the oil cartel agreed on Sunday to a small increase but said they would now pause in adding more oil, reflecting market concerns about an oversupply.

Abu Dhabi has opened a major oil summit with optimism about rising energy prices. Officials believe power demands for ...

Large, Finance and Markets World markets kicked off November in an upbeat mood, riffing off buoyant company earnings and ...

This decision comes amid differing forecasts for global oil demand. The group aims to manage market stability. Asian demand, ...

"We are making sure we maintain the supply demand balance", Ghais added at a panel at ADIPEC energy conference in Abu Dhabi ...

OPEC and its partners will make one final modest oil production increase in December before pausing additional hikes through ...

Natural gas climbs above $4.10 as tighter supply boosts sentiment, while oil consolidates near key resistance ahead of the ...

Both executives, who spoke on the same panel, emphasized the need for continued investment. "OPEC is unwinding part of its ...

Morgan Stanley on Monday raised its Brent crude forecast for the first half of 2026 to $60 a barrel from $57.5, citing the decision by OPEC+ to pause quota hikes in the first quarter of next year and ...

Eight OPEC Plus members plan to boost crude oil output again in December. Our site uses cookies and other technologies to ...

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