Iran’s Trade Promotion Organization has issued a directive clarifying the new list of exportable petrochemical and refinery products.

Kuwait did not export any crude oil during April, marking the first time in over three decades that the Gulf producer has recorded zero monthly crude exports, according to TankerTrackers website.

China has announced an injunction to block US sanctions placed on five Chinese refiners accused ‌of buying oil from Iran.

According to OPEC's Annual Statistical Bulletin 2026, which has been released recently, Iran with 33.99 tcm of natural gas reserves ...

According to OPEC's Annual Statistical Bulletin 2026, which has been released recently, Venezuela with 303.7 Bln bbls of proven oil reserves was ranked ...

According to OPEC's Annual Statistical Bulletin 2026, which has been released recently, Saudi Arabia with 9.48Mln bpd of oil production was ranked first ...

The Iran war triggered a historic oil shock that sent petroleum prices soaring and hammered drivers at the pump. Those sky-high prices, in theory ...

The Trump administration sanctioned three Iranian currency exchanges and a Chinese oil terminal on Friday, as the US adds to ...

The Organization of the Petroleum Exporting Countries (OPEC) launched the 2026 edition of its Annual Statistical Bulletin (ASB) on Wednesday, 29 April 2026, at the OPEC Secretariat in Vienna, Austria.

Iran produces around 3 to 3.5 million barrels of oil per day. Forecasts for 2026 also place this figure at about 3.2 to 3.6 million barrels per day.

J.P. Morgan on Thursday said the UAE could attract greater ​investments from ⁠U.S. companies once it is in a ‌position to pump more oil after the country decided to ​leave the OPEC ...

Global markets are entering the week balancing resilient risk appetite against renewed geopolitical strain as prospects of U.S.-Iran negotiations took a hit over the weekend.