This move aims to compensate for pumping above agreed levels, with monthly reductions ranging from 189,000bpd to 435,000bpd.

Israel has resumed ground operations in Gaza after the ceasefire deal collapsed, but the oil market's volatility is now more ...

Iraq wants to diversify its economy away from oil and toward tourism. Although Western travelers have made headlines in ...

OPEC+ on Thursday issued a new schedule for seven member nations to make further oil output cuts to compensate for pumping ...

Since then, the world has changed dramatically. China has experienced a remarkable ascent. It now competes with the United ...

Talks focused on strengthening partnerships between the two nations, particularly in the energy sector, as Iraq seeks to ...

Bayraktar reiterated Turkey’s interest in expanding energy partnerships and highlighted refinery projects, petrochemical ...

It was a development in the Syrian drama almost as unexpected as the stunningly swift fall of the Assad regime that had ...

Iraq is exploring alternatives to Iranian gas imports, including options in the Gulf, a government official said, as it seeks ...

The Gulf OPEC+ producers have been able to refine more after they invested billions of dollars in their downstream oil ...

Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...

Oil prices rose slightly on Wednesday, supported by a weaker dollar, which makes the commodity less expensive for overseas ...