OPEC+ - comprised of the Organization of the Petroleum Exporting Countries and its allies - was already preparing to lift output in less than two months. The group has plans to gradually faze out ...

OPEC+ has enough spare oil production capacity to offset any supply shocks from Iran if tensions escalate further.

Oil prices rise as tensions between Iran and Israel escalate, with concerns about potential disruptions in the Middle East.

But some hope can be taken in the evidence that after a year of war, Israel appears to be winning. Although backed by the ...

Oil prices recorded a 9% weekly gain amid escalating conflict in the Middle East, with Brent crude nearing $80 per barrel, ...

Nigeria continues to struggle to meet its OPEC’s quota as its crude oil production fell by 40,000 barrels per day ...

On a weekly basis, both benchmarks were set to gain more than 9% - the most in a single week since the Organisation of the ...

So how will Israel strike next, and how far will they go to hit in their next attacks? MailOnline looks into their three main ...

Goldman Sachs said on Friday that it expects its Brent price forecast to peak $10-$20 per barrel in 2025 due to potential ...

Oil pared gains after President Joe Biden sought to discourage Israel from attacking Iran’s oil fields.Most Read from ...

Increasing geopolitical tensions and concerns about production levels have been fueling volatility in the energy markets ...