Less than a month after a surge of unrest in Iraq over poor public services, particularly power cuts, and rampant corruption, residents in southern areas of the Arab country have ...

Saudi Arabia, which recently pledged oil-supply increases to tame rallying crude prices, cut production last month, according to OPEC delegates familiar with the matter. The biggest member of the Organization ...

Oil Minister Bijan Namdar Zanganeh is imposing four-year term limits on all top oil managers at state-run energy companies, with the rule taking effect in October. The new order applies ...

The United States will continue its efforts to decrease Iran’s sales of crude oil, the Treasury Department said on Tuesday following the announcement of the unilateral US withdrawal from the ...

State-owned National Iranian Oil Company raised the official selling prices for all its crude oil grades loading in June from Kharg Island and bound for Asia, a company source said ...

Although the oil market is now in better shape than it was in 2016, there are concerns about the tight spare oil production capacity, Saudi Arabia’s Energy Minister Khalid al-Falih ...

State energy giant Qatar Petroleum will push ahead with its production expansion and foreign asset acquisition strategy to be on par with oil majors, despite a regional political and economic ...

Dutch chemical giant AkzoNobel announced Tuesday it was selling its chemicals arm to U.S.-based investors Carlyle Group and Singapore's GIC for 10.1 billion euros ($12.6 billion), as part of its ...

A senior Iraqi official says his country could start “in one to two weeks” sending crude by truck from Kirkuk to Iran’s Kermanshah refinery. The swap deal was agreed at ...

Oil prices have rebounded nearly 60% since June, with Brent crude rising to three-year highs of above $71 a barrel, prior to a pullback last week that wiped out its ...