Saudi Arabia, Russia, Iraq, UAE and others reviewed global market conditions and decided to raise collective output by 411,000 barrels per day, starting in May.

Oil-rich Kuwait temporarily cut electricity in some industrial and agricultural areas on Wednesday as demand for power surged ...

"Tomorrow's meeting is just to make the new Kazakhstan minister aware of the importance of meeting his required production and compensating for the surplus," one of the delegates said. Both declined ...

Kuwait cut power supply to some agricultural and industrial areas as demand rose while there was maintenance work at ...

If the sanctions are expanded ... the consequences will reach far beyond Iran, could reshape geopolitics, and send shockwaves ...