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.

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 ...

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 ...

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

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

Fighting has the potential to disrupt oil markets, but a move by Iran to cut off supply would chiefly hurt China, the biggest buyer of Iranian oil.

The oil cartel plans to increase supply yet again in a lunge for market share as crude prices sag. This suits India fine.

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 ...