The Iran war exposed a long-simmering feud within the world’s most powerful oil cartel, boiling over this spring when it ...

The cartel’s decision comes as U.S.-Iran talks to end the war have eased pressure on oil supplies, even as broader market and ...

UAE crude output surged to near-record highs in June after quitting OPEC, as discounted ADNOC barrels drew Chinese and U.S.

Iraq has considered leaving OPEC if the ⁠oil ⁠producer group does not allow Baghdad to significantly ⁠increase oil production, sources with knowledge of the matter told Reuters. The prospect of Iraq ...

OPEC plans to hike production by 200,000 barrels per day despite the Strait of Hormuz remaining closed, making it ...

This means Nigeria met 104 per cent of the 1.5mbpd crude oil production quota set by the Organisation and Petroleum Exporting ...

Despite the impressive headline number, the cartel is still pumping nowhere near where it was before the Strait of Hormuz ...

Iraq wants to pump more oil in the future.

An economic crisis caused by the Iran war and a fresh surge of investment by oil majors are driving Iraq's aggressive push ...

Two decisions landed within roughly 24 hours, and both point the same way for crude.

Iraq isn’t considering leaving OPEC, the nation’s oil ministry said, just a few hours after saying that doing so was an ...

Nigeria’s crude oil production has climbed to its highest level in more than six years, with the country exceeding its Organisation of the Petroleum Exporting Countries production quota for the fourth ...