OPEC energy ministers on Friday said they would be putting more oil onto the market to meet “extra demand”, reaching a last-ditch compromise in a spat that pitted Saudi Arabia against archfoe Iran.
Negotiators call off plans to meet in Switzerland to try to progress the U.S.-Iran deal as Trump and Vance defend the ...
WHAT’S HAPPENING TODAY: Good afternoon and happy Thursday, readers! Today marks the start of the 2026 World Cup, with the ...
Saudi Arabia insisted Wednesday it would do "whatever is needed" to avoid oil supply shortages, setting the stage for a showdown with archfoe Iran ahead of crunch OPEC talks on easing a production-cut ...
The IEA said on Wednesday that a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major ...
Venezuelan President Nicolas Maduro held talks in OPEC’s leading oil producer Saudi Arabia on Sunday, officials said, before he headed to Algeria for further dialogue about low world crude prices.