Welcome to our guide to the commodities driving the global economy. Today, senior oil reporter Kevin Crowley reflects on the UAE’s shock decision to leave OPEC and explores what it may mean for rival ...

OPEC's influence over global oil prices has eroded as non-OPEC production, geopolitical disruptions, and China's demand ...

“I think it's great,” Trump told reporters in the Oval Office. “Ultimately, it's a good thing for getting the price of gas down, getting oil down, getting everything down.” He may be right, yet he may ...

ADNOC targets shale-style growth via gas, oil projects UAE energy strategy shifts after exiting OPEC quotas system Regional conflict curbs output despite output capacity goals ABU DHABI, May 5 ...

Join us for an in-depth analysis of the potential impacts of the Israel-Iran conflict on global energy markets. Our expert ...

U.S. shale producers are increasing output and exports amid the Middle East energy crunch, but drilling activity remains cautious. Companies rely heavily on drilled-but-uncompleted wells instead of ...

The 11-member OPEC depends on oil for a large part of government income. Read more at straitstimes.com. Read more at straitstimes.com.

While much of the world spent 2025 debating peak oil, the United States was busy setting another production record.

After the UAE's exit, Iraq has become the latest OPEC member to challenge the oil cartel's production quotas. Iraq, the second-largest crude producer in the OPEC, has hinted at an exit unless its ...