Kuwait Petroleum Corporation's CEO states that robust global oil demand growth justifies OPEC+ decisions to increase output, ...

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+ ...

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

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

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

OPEC data for August 2025 shows Iraq ranked as the second-largest oil producer with 4.015 million barrels per day, behind Saudi Arabia.

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

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

OPEC Secretary General Haitham Al-Ghais affirmed Friday on the organization's pivotal role in stabilizing the global oil market and ensuring the rights of both producing and consuming countries.

Iraq's attempt to ease its chronic power shortage with gas from Turkmenistan routed through neighbouring Iran has failed ...

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 ...