OPEC's total spare capacity is 5.3 million bpd, of which 3.1 million bpd is held by Saudi Arabia, 1.1 million bpd by the UAE, ...

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports down to zero, a ...

A U.S. official stated on Tuesday that U.S. president Donald Trump would restore his "maximum-pressure" campaign against Iran ...

U.S. President Donald Trump is ramping up the maximum pressure campaign on Iran to hit zero oil exports, causing global oil price fluctuations. OPEC countries, primarily Saudi Arabia, manage spare oil ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

OPEC said the “committee emphasized the critical importance of achieving full conformity and compensation, and reaffirmed ...

Russia, Iraq and Kazakhstan are on the list of countries that produced more than agreed on within the OPEC+ deal in certain periods in 2024 ...

Iraq's oil exports from its southern ports averaged 3.3 million barrels per day in January, witnessing a slight increase from ...

What does it mean to “invest” in the Iraqi dinar? In simple terms, it’s the same as investing in any other currency. You purchase a certain amount of Iraqi dinar (IQD) by paying the respective amount ...