The United Arab Emirates, a 59-year stalwart of OPEC and a key member of the 10-year-old OPEC-Plus, has raised big questions by walking away from both organizations. Odessa oilman Kirk Edwards and ...

The crude oil futures market has entered one of its most complex periods in years. Traders are navigating a collision of geopolitical instability, uncertain demand growth, OPEC production strategy, ...

HOUSTON (Reuters) - The oil industry's biggest names gather this week at CERAWeek, the largest energy industry get-together in the Americas, at a time when U.S. shale production is booming, global ...

Last month, the United Arab Emirates announced its withdrawal from Opec, threatening the once-mighty oil-producing group ...

World oil demand will rise by 1.38 million barrels per day in 2026, the Organization of the Petroleum Exporting Countries ...

The UAE leaving the OPEC+ alliance raises questions about how much control it can exert over global oil supply ...

India may benefit long-term from the UAE's OPEC exit through increased crude and LPG flows and expanded energy cooperation.

Oil investors woke up to a very different market this morning. The UAE -- OPEC's fourth largest producer -- officially exited OPEC+ after months of tension over production quotas and market strategy.

EOG Resources (EOG) has a breakeven oil price in the low-$40s and generated $4.7B in free cash flow during 2025 with a 100% after-tax rate of return at $55 oil, positioning it to outperform ...

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