Several major oil-producing countries—including the UAE, Iraq, Saudi Arabia, Brazil, and Guyana—are expanding production ...

Commerce secretary Sunil Barthwal told reporters that India’s export performance in the first quarter has been remarkably strong despite global uncertainties and disruptions ...

By bnm Gulf bureau Iraq's oil exports to the United States will not be affected by the newly announced 30% US tariff introduced by President Donald Trump to address the trade deficit with Iraq, the ...

The Association of the Petroleum Industry of Kurdistan (APIKUR) has expressed optimism as negotiations between the Kurdistan Regional Government (KRG) and the Government of Iraq (GoI) intensify to ...

Iraq’s oil exports to the United States reached 164,000 barrels per day last week, representing a decline of 48,000 barrels ...

India's import of Russian crude oil hit an 11-month high in June amid the Israel-Iran war, with 2.08 million bpd imported.

India's crude oil imports from Russia reached an 11-month peak in June, driven by steep discounts post-Ukraine invasion.

Iran recorded the highest increase in crude oil production among all countries in 2024, boosting its daily output by 374,000 ...

The letter sent to Iraqi Prime Minister Mohammed Shia Al Sudani said a tariff rate of 30 per cent would be imposed on Iraqi ...

Crude futures fell over 2% Thursday as traders reacted to fresh tariff threats from U.S. President Donald Trump, raising ...

Oil is expected to hold nearly 30% of the energy mix, while combined with gas it will stay above 50% through the period. "Oil underpins the global economy and is central to our daily lives," OPEC said ...