OPEC

Iran's crude oil production is expected to fall by about 500,000 barrels per day by the end of this year due to a…

Ship owners covered by Japan P&I club must alert the maritime insurer in advance of any plans to…

OPEC is seeking a balance in world oil prices, but political instability rather than production issues are…

International oil expert, Dr. A. Hamid Majid, affirmed that huge reserves of heavy oil exist in the Wafra oilfield…

Top oil exporter Saudi Arabia stands ready to fill any oil supply gap - "perceived or real" - as oil prices rally…

Iraq nominated former Oil Minister Thamir Ghadhban to the post of OPEC secretary-general, competing against a…

(Reuters) Rafael Ramirez -Venezuelan Minister of Energy- said that Venezuela has sent at least two shipments of…

Sanctions on Iran are tightening after Overseas Shipholding Group Inc., Frontline Ltd. and owners controlling more…