Iran is the third-largest producer in the Organization of the Petroleum Exporting Countries, pumping 3.2 million barrels per ...

By John Lee. The Iraqi Ministry of Oil has reaffirmed its full commitment to the OPEC+ production agreement, including additional voluntary cuts and compensation for excess production. In a statemet ...

This marks a significant step towards resolving the nearly two-year dispute that disrupted crude flows between Baghdad and ...

Oil prices settled higher on Monday as fresh U.S. sanctions on Iran and a commitment to compensate for overproduction by Iraq ...

Oil futures finished higher on Monday, with prices finding support after a nearly 3% decline Friday, as the U.S. imposed fresh sanctions on Iran, impacting its crude sector. Traders also weighed ...

The Trump administration’s math on Middle Eastern energy supplies just doesn’t add up. The law of supply and demand is the ...

Investorideas.com, a go-to platform for big investing ideas releases market commentary from Antonio Di Giacomo, Senior Market ...

Iraq has reaffirmed its commitment to the OPEC+ agreement, even as the resumption of oil exports from Kurdistan appears ...

"With 185,000 barrels per day expected to flow through the Iraq-Turkey pipeline, crude volumes available on the market could increase, weighing on prices in the short term. The supply increases come ...

U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face sanctions alongside Iran.

Iraq reaffirmed its commitment to the OPEC+ agreement on Monday and said it would present an updated plan to compensate for ...

The decision ... formally paves the way for the participation of Brazil as a Member of the Charter of Cooperation between oil ...