The 11-member OPEC depends on oil for a large part of government income. Read more at straitstimes.com. Read more at ...
Iraq isn’t considering leaving OPEC, the nation’s oil ministry said, just a few hours after saying that doing so was an ...
Iraq's Oil Ministry said on Friday that OPEC has begun gradually restoring ​Iraq's pre-war production allocations, a move it ...
OPEC Secretary General Haitham Al Ghais has pushed back against forecasts from the International Energy Agency (IEA) that the ...
Iraq said it might one day consider leaving OPEC unless the group accommodates it with a higher oil production quota, just a ...
Last year's expected price pressure did not materialize, but next year's will not be a repeat, with growing commercial ...
The move is widely seen as symbolic as the war in the Middle East has choked off a critical waterway through which a fifth of ...