American refineries still rely on Canada’s supply, while OPEC+ nations can manipulate global markets to undercut U.S.

The OPEC Fund for International Development (the OPEC Fund) has arranged a syndicated loan with a US$50 million facility for ...

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

US oil exports may decline in 2025 for the first time since the COVID-19 pandemic due to China's retaliatory tariffs on the United States.

Iran's President Masoud Pezeshkian has urged OPEC members to unite against possible U.S. sanctions after U.S. President ...

President Donald Trump called for Iran to negotiate a verifiable nuclear peace agreement on Wednesday, saying he wants the Islamic Republic to prosper. At the same time, Trump called for pressure to ...

"I would much prefer a Verified Nuclear Peace Agreement, which will let Iran peacefully grow and prosper," Trump said in the ...

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...

The Iranian foreign ministry's comments come after Trump said he will reimpose the 'maximum pressure' policy on Tehran like ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...