OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates where field maintenance had curbed ...

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 ...

Iran's President Masoud Pezeshkian urged OPEC members to unite against possible U.S. sanctions on the major oil producer, after U.S. President Donald Trump said he would seek to drive Tehran's oil ...

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

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 ...

President Donald Trump called for Iran to negotiate a verifiable nuclear peace agreement on Wednesday, saying he wants the Islamic Republic to prosper. At the same time, Trump called for pressure to ...

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

The oil market has been in the spotlight over the past few days due to the US President Donald Trump’s tariff narrative.