Oil prices dropped on Monday after Iraq's Kurdistan region resumed crude oil exports via Turkey over the weekend, coupled ...

Oil prices fell on Monday after Iraq's Kurdistan region resumed crude oil exports via Turkey over the weekend and as OPEC+ ...

Crude oil dips as Kurdistan restarts exports and OPEC+ plans output hike. Traders eye key support while geopolitical risks ...

OPEC+ has decided to increase oil production, surprising many given the soft outlook for oil prices, and potentially ...

Iran’s oil exports are continuing without interruption, the head of the National Iranian Oil Company (NIOC) said on Monday, ...

This manipulation was a catalyst for OPEC’s creation. The founding meeting established a system to ensure price stability and guaranteed production, addressing the needs of both producers and ...

Oil futures fell by more than 3% on Monday ahead of the next Opec+ meeting, when the oil coalition is expected to announce ...

The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) is expected to approve another production hike at its upcoming meeting on Sunday.

Russia was forced to discount its crude after many others shunned trade with Moscow due to the war in Ukraine. Almost 90% of ...

Oil prices climbed about 3% to a seven-week high on Wednesday as a surprise drop in U.S. weekly crude inventories added to a ...

Mirkazemi, who previously served as Iran's commerce minister, noted that crude stocks remain "high." OPEC members have, nevertheless, resisted further cuts. "In principle, they always want to have ...

Oil production capacity in Kuwait has hit a more than decade high of 3.2 million barrels per day (bpd), Tareq Al-Roumi, the ...