Oil markets are absorbing Opec+ production increases and there has been no major build-up in inventories, which indicates higher demand in global markets, UAE’s energy minister said on Wednesday.

Alparslan Bayraktar noted that the state oil company of Azerbaijan Socar may become Turkey's partner in this project ...

Founder & President of Rapidan Energy Group and Former White House Energy Advisor to President George W. Bush, Bob McNally ...

Sarah Emerson, President of ESAI Energy, talks about OPEC+ latest production hike, summer demand and supply. She speaks to Bloomberg's Joumanna Bercetche from the sidelines of OPEC's 9th International ...

Knight-Swift’s diversified business model and prudent pricing strategies drive resilience. Click here to find out why I ...

The National's Manus Cranny reports from the Opec International Seminar, days after the group agreed a bigger-than-expected ...

WTI price gains ground amid rising supply concerns following the Houthis' attack in the Red Sea. The implementation of the US ...

The oil market needed the latest super-sized supply increase that OPEC+ announced at the weekend, the United Arab Emirates energy minister said, offering one of the first public justifications for the ...

The Liberia-flagged, Greek-operated bulk carrier Eternity C has sunk after a Houthi attack off Yemen, four maritime security sources told Reuters on Wednesday, and efforts to rescue the crew were ...

TASS/. The 9th Opec International Seminar will open in Vienna on Wednesday, bringing together ministers from the world’s leading oil producing countries and top managers of energy companies. The event ...

Average gasoline prices in New York fell 3 cents per gallon in the last week, averaging $3.14/g as the national average saw ...

Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...