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 ...

DUBAI: Iran’s President Masoud Pezeshkian urged Opec members to unite against possible US sanctions on the major oil producer, after US President Donald Trump said he would seek to drive Tehran’s oil ...

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 ...

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 ...

Despite US president Donald Trump's efforts to ease regulations of the oil and gas industry, the challenge of balancing ...

Iran's President Masoud Pezeshkian urged OPEC members to unite against possible U.S. sanctions, after U.S. President Donald ...

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

Iran's Oil Minister warns that unilateral US sanctions on Iran are destabilizing global oil markets and urges OPEC to ...

There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...

The Iranian foreign ministry's comments come after Trump said he will reimpose the 'maximum pressure' policy on Tehran like ...