The government significantly subsidizes fuel as part of its broader social welfare initiatives, ensuring artificially low ...

In response to Donald Trump’s statements regarding pressure on OPEC-plus to reduce oil prices and the potential impact on the ...

OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

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

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

Oil ministers from the Saudi Arabia and Russia-led alliance will gradually increase output from April, fending off calls from ...

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 ...

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

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

American oil producers and Saudi Arabia are pushing back against U.S. President Donald Trump's call to ramp up oil production ...

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