The United Arab Emirates could further boost its oil production capacity after 2027 if that is what markets require, its energy minister said on Thursday, signalling a move that could propel the country to the elite club of top five global oil producers.

If the Trump administration's decisions on ecomonic sanctions moving forward are consistent with the harsher-than-expected tariff rates we've seen announced this week, then there is a "small but poten

Oil prices rose on Friday as the market considered potential US sanctions on oil-producer Russia and another round of tariff threats, with prices heading for a modest weekly gain. Brent, the benchmark for two thirds of the world's oil,