Iran has exported about 550 tons of non-oil products to Oman through southern port of Sirik in the first half of the current Iranian calendar year (March 20-September 21), a ...

Oil prices rose more than 2% on Monday, lifted by comments from doctors for US president, Donald Trump, suggesting he could be discharged from hospital as soon as Monday, just ...

“Most of Iran's exports go to the Iraqi Kurdistan region, not the central government,’ the Iranian official told ILNA. Speaking to ILNA news agency, the Spokesman of Iranian Oil, Gas ...

Oil held around $44 a barrel on Friday and was heading for its biggest weekly decline since June, as weak demand figures added to concerns of a slow recovery from ...

Iraq is seeking exemptions from OPEC+ cuts in Q1 of 2021 and has discussed the issue with key producers in the 23-member coalition during three consecutive meetings, state-owned al-Sabaah newspaper ...

OPEC and allies such as Russia will ease record oil supply curbs from August as the global economy slowly recovers from the coronavirus pandemic, Saudi Energy Minister Prince Abdulaziz bin ...

Iraq has asked BP to cut crude production at the nation’s biggest field of Rumaila by 10% as part of a push to comply with OPEC+ quotas, according to a ...

ig Oil emerged from first-quarter earnings battered and bruised, but things are only going to get uglier. Major oil and gas producers from Norway to the US saw profit plunge ...

Consulting firm IHS Markit expects oil demand in the second quarter of 2020 to be 22 million barrels per day less than a year ago. This collapse in demand combined ...

Oil prices rose about 2 per cent on Friday and were on course for a second consecutive week of gains as US producers rapidly shut crude production and more states ...