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SAUDI ARABIA

Saudi oil output falls to lowest in decades amid fallout from US war on Iran

The Saudi oil output drops to its lowest level in decades amid fallout from the war imposed by the United States on Iran.

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ENERGY

Iran’s oil output down 1.87% in June, OPEC data shows

OPEC data shows Iran’s oil production dropped 62,000 bpd to 3.241 million bpd in June.

iran oil illustration

ENERGY

Iran remains OPEC’s second-largest refiner despite sanctions

Iran maintains its position as the second-largest oil refiner in OPEC despite pressure of US sanctions.

iran oil refinery

ENERGY

Iran’s oil output rose slightly in March, OPEC data show

OPEC data show Iran raised its oil production by 12,000 bpd to 3.335 million bpd in March.

iran oil platform

ENERGY

‘Petroleum demand will rise despite global push for renewables’

OPEC chief says that global demand for oil and gas will continue to increase even after 2050.

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IRAQ

US pressurizes Iraq to resume Kurdish oil export or face sanctions: Report

Trump’s administration is pressuring Iraq to restart Kurdish oil exports or face sanctions.

Iraq

ENERGY

Iran’s oil output up nearly 13% in 2024: OPEC data

Iran raised its oil production by 13% in 2024 despite grappling with increased pressure of US sanctions.

iran oil tankers

ENERGY

Iran assumes rotating presidency of OPEC for 2025

Iran’s Oil Minister Mohsen Paknejad will be the Rotating President of OPEC Conference for 2025.

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