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

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.

Discussions at the Opec International Seminar in Vienna on Wednesday pushed the narrative that talk of "peak oil demand" has ...

Ongoing concerns about Iran’s uranium stockpiles – and the possibility of further Israeli action – mean the geopolitical ...

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

The latest U.S. sanctions on Iran come as members of the Organization of the Petroleum Exporting Countries and its allies, together known as OPEC+, agreed over the weekend to lift oil production by ...

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...

NEW YORK (AP) — Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

HOUSTON (Reuters) -Oil prices rose nearly 2% on Monday as signs of strong demand more than offset the impact of a higher-than ...