The Iran war exposed a long-simmering feud within the world’s most powerful oil cartel, boiling over this spring when it ...
On Sunday the Organisation of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, meets to decide ...
Iraq wants to pump more oil in the future.
The IEA said on Wednesday that a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major oil overhang next year.
The ‌United Arab Emirates raised its crude output to near record highs above 3.8 million barrels per day in June after ​it ...
Iraq’s hint that it could exit OPEC is yet another source of potential tumult for the global oil market in 2026.
Iraq said it might one day consider leaving OPEC unless the group accommodates it with a higher oil production quota, just a ...
Two decisions landed within roughly 24 hours, and both point the same way for crude.
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