Jeff Currie, Carlyle chief strategy officer of energy pathways, joins CNBC's 'Squawk on the Street' to discuss outlooks on ...

U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from ...

OPEC+ members are reportedly discussing whether to agree on another super-sized production increase at their meeting on June ...

The pressure on markets comes as Bloomberg News on Thursday reported that members of the OPEC+ group are considering another output hike in July. The group has already agreed to raise production by ...

OPEC remains optimistic about oil demand growth through 2026, even as it warns of declining investment and slower supply ...

VIENNA, 4th March, 2020 (WAM) -- The price of OPEC basket of fourteen crudes stood at US$52.65 a barrel on Tuesday, 3rd March 2020, compared with US$51.65 the previous day, according to OPEC ...

The Minister of State for Petroleum Resources, Gas, Ekperenkpo Ekpo, has called on oil and gas stakeholders to collaborate to meet the quota approved by the Organisation of Petroleum Exporting ...

"Nigeria loses billions of dollars annually to crude oil theft. This is severely undermining our economy, weakening the Naira, and depriving the nation of vital revenue needed for infrastructure, ...