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

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

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 ...

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 ...

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

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 ...

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

At least 240 people have been killed in Iran since Israel began airstrikes on June 13. Israel has reported 24 deaths from Iranian attacks. Israeli Prime Minister Benjamin Netanyahu vowed revenge after ...

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 ...