By Ben Aris in Berlin As its parting shot, the Biden administration imposed thetoughest sanctions yet on Russian oil. The ...

Russia has claimed 100% compliance with its oil production quota under the OPEC+ agreement in January and February.

A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.

Iran’s President Masoud Pezeshkian urged OPEC members to unite against possible US sanctions on the major oil producer after ...

Russia was in full compliance with the OPEC+ deal to restrain oil production in January and plans to do so this month, Deputy ...

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

Trump and Putin agree to start negotiations on Ukraine "In its monthly report, OPEC left its global oil demand growth estimate unchanged at 1.45m b/d and 1.43m b/d for 2025 and 2026 respectively. On ...

"I would much prefer a Verified Nuclear Peace Agreement, which will let Iran peacefully grow and prosper," Trump said in the ...

US President Donald Trump said Wednesday he’s willing to immediately start working on a new nuclear deal with Iran that ...

The OPEC Fund contributed $25 million from its own resources as the A-lender and mobilized an additional $25 million B-loan ...