Oil prices slipped slightly in Asian trading on Friday as investors awaited signals from the upcoming OPEC+ meeting, while ...

Analysts say Iran avoids sanctions Posts the highest production increase US oil output is likely to decline Iran is likely to dodge US sanctions after adding the most barrels of oil in 2024 ...

Jordan will nearly quadruple power supplies to neighbouring Iraq to 150 megawatts (MW) in August when phase two of a landmark electricity grid connection project is completed. Jordan began supplying ...

We expect ministers will continue the unwinding of the November 2023 tranche of cuts', analysts at Standard Chartered Bank ...

The physical volume of oil exports by OPEC countries in 2024 decreased by 3.55% to 19.01 mln barrels per day. OPEC's share of global oil deliveries was 43.96% last year, which is slightly lower than ...

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Amid supply disruption concerns, Middle Eastern oil producers might have looked at additional storage locations around the ...

Saudi Arabia, OPEC’s top oil producer, earned $179 billion in 2024, making up about a third of the group’s total revenue..

The previously unreported preparations, which were detected by US intelligence, occurred some time after Israel launched its initial missile attack against Iran on June 13, said the officials, who req ...

Price have been kept in check by expectations that the Organization of the Petroleum Exporting Countries and its allies including Russia, know as OPEC+, will boost its August crude oil output by an ...

Oil markets are now refocused on OPEC production as the geopolitical concerns dim somewhat following the Iran-Israel ...

Saudi Arabia's oil exports jumped to the highest level in more than a year in June as the kingdom shipped more crude to ...