Aramco raised the official selling price for flagship Arab Light crude by $2.40 to $3.90 per barrel above the Oman/Dubai ...

US oil exports may decline in 2025 for the first time since the COVID-19 pandemic due to China's retaliatory tariffs on the ...

China's retaliatory tariffs on the United States may cause U.S. oil exports to decline in 2025 for the first time since the ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

Crude oil prices went up sharply in January 2025. However, the prices stabilised after the United States ramped up its crude oil production even as OPEC countries continue to maintain their output ...

The Organisation of the Petroleum Exporting Countries’ crude production dipped for a second consecutive month in January as a drop in exports from Nigeria and Iran affected crude outputs.

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's Shana news outlet reported on Wednesday, after US President Donald Trump said ...

Oil prices fell more than 2% on Wednesday as a large build in US crude and gasoline stockpiles signaled weaker demand, while worries about a new China-US trade war fuelled fears of softer economic ...

Analysts remain optimistic on the oil and gas (O&G) upstream sector amid the United States’ anticipated implementation of pro ...

Iran’s President Masoud Pezeshkian urged OPEC members to unite against possible US sanctions on the major oil producer after ...

U.S. President Donald Trump on Tuesday restored his “maximum pressure” campaign on Iran that includes efforts to drive its oil exports down to zero in order to stop Tehran from obtaining a nuclear ...

Iran's President Masoud Pezeshkian has urged OPEC members to unite against possible U.S. sanctions after U.S. President ...