Iraq produced 3.94 million barrels per day (bpd) of oil in September, less than its OPEC+ output quota of about 4 million bpd ...

Israel and Iran are fighting at a time when prices are under pressure because of weak demand in China and concerns about ...

The fragile truce between rivals Iran and Saudi Arabia could unravel if Gulf states allow Israel to use their airspace to ...

OPEC+ oil production fell in September due to a halt in Libya and improved compliance from Iraq, although some members still exceeded quotas.

Insights Presidential policies can have an impact on the price of oil.  Many times, oil prices rise or fall without ...

Gulf states are lobbying Washington to stop Israel from attacking Iran's oil sites because they are concerned their own oil ...

Iran no longer has the ability to hold the global oil markets at risk. U.S. production and Iran's declined output are ...

Iraqi’s semi-autonomous region of Kurdistan has cut its oil production by half upon request from Baghdad, as the ...

The price of oil rose by 10% in a week, as Israel attacked Hizbullah, a Lebanese militia backed by Iran, and Iran retaliated ...

Chevron holds a 50% stake in Tengizchevroil, with Exxon Mobil controlling 25%, Kazakhstan’s state-owned KazMunayGaz holding ...

The official also said any action by Gulf states to balance oil markets should Iranian energy facilities be hit by Israel was not part of the discussions so far ...

Kazakhstan's biggest oil field Tengiz, operated by U.S. major Chevron , boosted output to a record high in October, sources ...