Deputy Prime Minister Chrystia Freeland spoke with reporters on Parliament Hill on Thursday.

Saudi Arabia has called an emergency virtual meeting of OPEC and its partner Russia for Monday, fueling hopes that the two leading members of the coalition known as OPEC+ will agree to slash oil production in response to swooning global...

The Caribou Lake fire in northeastern Alberta has temporarily shut down some oilsands operations. Companies say the fire, which covers roughly 61,500 hectares, has cut seven per cent of Canada’s total oil production at a time when crude...

Two rival governments have been fighting for days over the central bank’s leadership, threatening a UN-brokered peace deal.

Saudi Aramco cut the world's biggest dividend in a blow for Saudi Arabia's widening budget deficit, as the company seeks to relieve the stress on its own finances. The firm expects the total payout to be about $85 billion in 2025,...

OPEC+ will revive halted oil production after repeated delays, amid pressure from US President Donald Trump to lower oil prices. The group will go ahead with the increase of 138,000 barrels a day in April, the first in a series of...

Nigeria has emerged from a years-long crude output slump due to improved security, reaching 1.48 million barrels a day last month. Analysts predict further growth in Africa's biggest crude producer's output this year, and a possible...

The latest US sanctions have the potential to significantly disrupt Russia's energy exports, the International Energy Agency said. "We're waiting to see how things will unfold before putting a number on it," the head of the IEA's oil...

International Energy Agency oil industry and markets division head Toril Bosoni discusses the outlook for 2025 production as the agency sees oil markets face a smaller surplus this year than previously expected amid stronger demand and...

OPEC+ has agreed to once again delay the revival of its oil production by three months. Vandana Hari, VANDA Insights' Founder spoke to Bloomberg's Horizons Middle East and Africa host Joumanna Bercetche and explained that OPEC+'s...

OPEC+ is heading towards an agreement to delay its oil production revival by another 3-months ahead of its meeting on December 5. But Miguel Azevedo Vice Chair for Investment Banking-MEA at Citi says the UAE has moved well beyond its...

OPEC+ has delayed a key meeting on oil production curbs to December 5. Yousef Alshammari, President of the London College of Energy Economics told

Bloomberg's Horizons Middle East and Africa host Joumanna Bercetche that OPEC+ could...

Crude prices bounced back after touching three-month lows as the collapse of Silicon Valley Bank ripples across global markets. Elizabeth Low reports on Bloomberg Television.

Nigeria Oil Minister Heineken Lokpobiri sat down with Bloomberg TV's Yousef Gamal El-Din to discuss the country's oil production, forecast and demands from the sidelines of the ADIPEC conference in Abu Dhabi. "Nigeria can produce up to...

Amrita Sen, co-founder and head of research at Energy Aspects, examines Chevron Corp.'s $53 billion deal to purchase Hess Corp. and calls Guyana oil production "the most promising non-OPEC supply prospect." She speaks on "Bloomberg...

Lombard Odier Chief Economist, Samy Chaar, discusses the impact of the Israel-Hamas conflict on the regional economies and oil prices. He speaks with Yousef Gamal El-Din on "Bloomberg Daybreak: Middle East and Africa".

Oil opened the new quarter on the front foot, edging higher on widespread bets that global demand is running ahead of supply. Andrew Janes reports on Bloomberg Television.

Hundreds of protesters gathered outside the Department of Energy and Net Zero before marching to the Norwegian Embassy while demanding the UK government halts lans to move forward with the Rosebank oil and gas...

Rapidian's McNally

Indian imports of Russian oil dropped for a second month and are expected to slip even further as the key OPEC+ producers start trimming exports to help balance the global market. Rakesh Sharma reports on Bloomberg Television.

"Strength in the US Dollar has been a significant headwind for commodity markets." Daniel Hynes, senior commodity strategist at ANZ, discusses the oil market, global commodity prices and demand in Asia. He speaks on Bloomberg Television.

US oil prices still holding onto gains as traders weigh the impact of additional production cuts announced earlier this week by Saudi Arabia and Russia. Su Keenan reports on Bloomberg Television.

Angola is seeing signs of rising price pressures after a government decision to cut gasoline subsidies earlier this month, which almost doubled pump prices in a nation that had one of the world's cheapest fuels. "We are seeing the first...

Oil held near its lowest level in almost three months on persistent concerns over the demand outlook in China and the US. Stephen Stapczynski reports on Bloomberg Television.