Oil is once again making headlines. This week, the United Arab Emirates (UAE) made the shock decision to leave the Organisation of the Petroleum Exporting Countries (OPEC). OPEC is network of ...

In a world of wild talk and fake news, help us stand up for the facts.

NEW YORK, April 27 (Reuters) - Oil prices climbed about 3% to a two-week high on Monday as peace talks between the U.S. and Iran stalled and shipments through the Strait of Hormuz remained limited, ...

The group of oil-producing countries supplied more than 25 percent of the world’s oil before the war in Iran. Its members have influenced energy markets through the years. By Emmett Lindner The OPEC ...

LONDON, April 28 - The United Arab Emirates said on Tuesday it was quitting OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the ...

U.S. special envoy Steve Witkoff and Jared Kushner will travel to Pakistan Saturday morning for direct talks with their Iranian counterparts, according to the White House. Oil prices were mixed Friday ...

Fish oil has long been praised as brain-boosting, but new research suggests the story may be more complicated. Scientists found that in people with repeated mild head injuries, a key omega-3 fatty ...

Owners often treat any dipstick reading below the line as a fault. General Motors takes a different view. In updated guidance, GM states plainly: “All engines require oil to lubricate and protect ...

The price of oil plunged and stocks surged Wednesday after a report said the U.S. believed it was nearing a deal to end the war with Iran and eventually reopen the Strait of Hormuz. Subscribe to read ...

The United Arab Emirates has announced that it's leaving OPEC, the cartel representing major state-owned oil producers, on May 1. In an announcement posted on state-owned media, the UAE wrote that the ...

The United Arab Emirates said Tuesday it plans to increase energy production as part of its exit from the Organization of the Petroleum Exporting Countries on May 1. More supply should, in theory, ...

The prolonged closure of the Strait of Hormuz has shut in over 10 million b/d of oil, triggering the largest supply shock in history and raising recession risks. Even if the Strait reopens, oil ...