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 ...

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 ...

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 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.

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

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 ...

Iraqi businessman and former banker Ali al-Zaidi is set to take over as Prime Minister after being nominated by a ruling alliance of Iraq's Shi’ite political factions.

Managing Director of Iran's Petroleum Engineering and Development Company (PEDEC), stated that the new model of oil contracts (IPC) has been officially communicated in an integrated form for the ...

The Trump administration said on Friday it had imposed ‌sanctions on an independent "teapot" refinery in China for buying ...

Patrick Pouyanné, the CEO of TotalEnergies warned that if the blockade of the Strait of Hormuz “continues for another two or three months,” France will enter a “period of energy shortage.” ...