The decision comes two days after the Group of Seven nations agreed a price cap on Russian oil...

Oil was paring losses as investors looked ahead to an Opec+ meeting this weekend: Analyst...

Opec and its allies 'are doing right job to ensure stable and sustainable oil markets', says Abdulaziz bin Salman...

The day witnessed a number of developments in India and abroad. Here's everything you need to know in a nutshell...

It was misguided and it was a mistake and a short-sighted move, which is going to affect lower-income economies...

Government will do all that is required to ensure energy security and affordability, says Hardeep Singh Puri...

Saudi, UAE and Kuwait are likely to take up most of the burden of cuts, says Tilak Doshi, managing director of Doshi Consulting...

The cut could spur a recovery in oil prices that have dropped to about $90 from $120 three months ago on fears of a global economic recession, rising US interest rates and a stronger dollar...

Agreement with Saudi Arabia to smoothen the way for US President Joe Biden’s ice-breaking visit to Riyadh...

Ignoring calls from Western nations to accelerate output hikes, the group agreed to raise its June production target by 432,000 barrels per day...