OMCs are businesses involved in the marketing and distribution of petroleum products such as crude oil, gasoline, diesel, ...

Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April, ...

Opec+ nations have reaffirmed their December decision to proceed with a gradual and flexible return of the 2.2 million bpd ...

Crude oil futures drop as OPEC+ plans gradual production increase, impacting global oil market and commodity trading trends.

Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April while ...

The UAE has reaffirmed its commitment to oil market stability and to complying with the additional voluntary adjustments ...

ORGANIZATION of the Petroleum Exporting Countries Plus (Opec+) will proceed with plans to revive halted oil production after ...

Russia is one of the world's biggest oil producers and if US sanctions on its energy system were eased, it could help prevent ...

After multiple delays, OPEC+ (the Organization of the Petroleum Exporting Countries and its allies) has finally announced the ...

Oil fell in the early Asian session. On Monday, OPEC+ said it would go ahead with its plan to boost production starting in April.

Good afternoon and happy Monday, readers! We hope you all had a restful weekend. In today’s Daily on Energy, we are kicking things off with Republicans continuing their effort to roll back former ...

The benchmark diesel price used for most fuel surcharges declined Monday, but it was the futures market where most of the big ...