Iran recorded the highest increase in crude oil production among all countries in 2024, boosting its daily output by 374,000 ...

By bnm Tehran bureau Iran topped global crude oil production growth in 2024, increasing output by 374,000 barrels per day (bpd) to achieve a 13% rise, according to OPEC's latest statistical bulletin.

War can lead to ‘complications on energy producers’ and hardships on national economies, Iran’s oil minister warned on ...

OPEC ministers, top energy firm CEOs and oil and gas analysts and traders gathered for the OPEC Seminar in Vienna this week.

Iran’s Oil Minister Mohsen Paknejad warned that military aggression against energy-producing nations violates international law and threatens global stability, urging a commitment to peace and ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

Oil prices fell after OPEC+ countries unexpectedly announced a more significant increase in oil production in August than ...

At the Opec International Seminar in Vienna, Indian petroleum minister Hardeep Singh Puri met with Opec secretary general ...

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower ...

Global investment bank Goldman Sachs expects eight key members of Opec plus to raise oil production quotas by 550,000 barrels ...

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower figure for the kingdom’s June output, according to people familiar with the ...