OPEC criticizes the IEA's inconsistent messages regarding oil and gas investment, highlighting a recent "U-turn" from ...
Iran's crude oil production increased by 34,000 barrels per day (bpd) in February 2025, reaching 3.308 million bpd, according ...
IEA projects global oil supply to exceed demand by 1 million b/d in 2025 due to trade tensions and OPEC+ cuts.
OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output curbs, as members ...
Saudi Arabia, the world's largest oil exporter, is expected to see a significant decrease in its crude oil shipments to China ...
Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on ...
Falling fossil-fuel prices may tempt some to switch back to old habits but that will prove a climate-change disaster.
Middle Eastern OPEC+ producers are exporting record volumes of refined petroleum products, potentially mitigating the impact of their crude oil production cuts on the global market.
Global oil demand is under pressure from the escalating trade war at the same time that OPEC+ is reviving output, threatening ...
The country has experienced fluctuating oil production due to internal strife since the fall of Muammar Gaddafi in 2011.
A Singapore-based company has been slapped with US sanctions for links to the Iranian oil trade, becoming the first in the ...
WTI crude oil continues to drop below the long-term support zone, while natural gas has hit strong resistance at $4.90.