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

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

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.

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

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

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

Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...

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 ...

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

Oil prices ticked down on Tuesday as prospects of more supply from OPEC and allies weighed on market sentiments.

On the London Stock Exchange, after noon, the price of a barrel recorded a drop of 67 cents compared to yesterday's closing ...

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 ...