Global upstream investment is set to fall again in 2026, but the Middle East and North Africa are expected to add around 20 ...

Middle East oil power is losing geopolitical influence. Global energy diversification and reduced Western dependence—especially by the U.S. and EU—have made markets more resilient to Middle Eastern ...

Israeli airstrikes in Lebanon this week have killed about 550 people. Israel escalated its war against Hezbollah this week with a campaign of deadly airstrikes that stoked concern about the potential ...

For oil markets, Venezuela is a footnote in an age of abundance. For Middle East, the US move is a dangerous reminder.

The Middle Eastern oil market has weakened in recent weeks on concern that regional supplies will outstrip demand, adding to signs of a softening global picture that’s weighed on benchmark crude ...

The U.S. shale revolution transformed America from a major importer to a top energy exporter, reshaping global power dynamics. Saudi Arabia and the UAE are partnering with U.S. firms to develop ...

HOUSTON, Sept 22 (Reuters) - Oil prices settled marginally lower on Monday as concerns of an oversupply outweighed geopolitical tensions in Russia and the Middle East. Brent crude oil futures settled ...

Unsold Middle Eastern crude cargoes from the recently wrapped up trading cycle are pointing to early signs that an expected global oil surplus could be starting to emerge. The volume of unsold oil set ...

In a bold move to block Iran’s access to money that funds violence in the Middle East, the United States has placed powerful new sanctions on a hidden oil smuggling network. This operation is believed ...