LONDON: Eight key members of the OPEC+ alliance said Sunday they have agreed to again boost oil production, in a strategy analysts saw as a bid...
OPEC+ is set to raise oil production on Sunday, but the October increase is expected to be smaller than previous monthly hikes. LONDON, Sept 7: OPEC+...
Indian Prime Minister Narendra Modi, (left), and Russian President Vladimir Putin pose during their meeting on the sidelines of the Shanghai Cooperation Organization (SCO) summit in...
KUWAIT: Kuwait’s Oil Minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and US President Donald Trump’s recent remarks...
Secretary of State Marco Rubio, right, shakes the hand of Pakistani Deputy Prime Minister and Foreign Minister Ishaq Dar, left, at the State Department, Friday, July...
President Donald Trump, right, speaks with India’s Prime Minister Narendra Modi during a news conference in the East Room of the White House, Feb. 13, 2025,...
Kuwait endorses OPEC+ strategy shift, with officials citing signs of sustained global demand KUWAIT: Kuwait’s Oil Minister Tareq Al-Roumi voiced optimism about the future of the...
The current glut in the oil market is the reason behind the decline in oil prices to below $70 per barrel, with prices currently hovering around...
KUWAIT CITY, July 23: A number of oil and economic experts shed light on whether or not the tariffs that America imposed on the European Union...
Demand for oil is weak from major consumers in Asia, including China, Japan, and South Korea, with a reduction of more than 400,000 barrels per day....