GEOPOLITICAL RISKS: A chaotic rollout of U.S. tariffs and escalating threats against trade partners are rattling global markets, putting pressure on oil. In his latest move, President Trump threatened ...

Qatar has reduced the price of its al-Shaheen crude for May deliveries, following Saudi Arabia's lead, due to a well-supplied oil market and increased OPEC+ production.

CALGARY (Reuters) -Oil prices fell over 1% on Thursday as markets weighed macroeconomic concerns, including the risk that ...

Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to reduce production, OPEC data has shown. Kazakhstan has persistently exceeded its ...

For now, the global oil market remains a complex web of economic forces, geopolitical tensions, and shifting supply dynamics.

Kazakhstan reaffirmed its commitment to adjusting its oil production to align with its agreed OPEC+ quota, following an ...

The International Energy Agency (IEA) has said US tariffs will contribute to a decline in global oil demand growth this year, once again contrasting with Opec’s more optimistic forecast. In a monthly ...

Others, like the United Arab Emirates and Gabon, are also producing slightly above their assigned quotas. This has caused an ...

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Kazakhstan has taken the lead in a substantial increase in oil production among the Organization of the Petroleum Exporting ...

"Energy Information Administration (EIA) data shows that US commercial crude oil inventories increased by 1.45m barrels over ...

Oil prices rose 2 percent in yesterday's trading, affected by US government data revealing a larger-than-expected decline in cru ...