The Organization of Petroleum Exporting Countries and its allies, known as OPEC+, agreed on Saturday to extend its oil ...

Thursday’s sanctions fall under Executive Order 13902, which targets key sectors of Iran’s economy, including petroleum and ...

ERBIL, Kurdistan Region - Talks between Erbil and Baghdad on resuming Kurdish oil exports are progressing, though a key ...

For years, Iraq has been talking about increasing its oil production to various figures – 6 and bit million barrels per day (bpd), 7 and a bit million, 8 and a bit million– whatever; they have ...

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...

Iraq’s crude oil exports to the United States surged past 5 million barrels in May, marking Baghdad’s highest monthly volume to U.S. refiners so far this year, according to Iraqi News.

Oil prices drop over 2% as investors react to Trump's tariffs and their implications for global economic growth.

Energy ministers talked through production capacity, investment and the green transition at this week’s OPEC conference in ...

Iraq said on Wednesday its oil exports are flowing normally through Hormuz Straits despite the escalating mutual attacks between nearby Iran and Israel. Most of the crude exports by OPEC’s second ...

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

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...