The cartel’s decision comes as U.S.-Iran talks to end the war have eased pressure on oil supplies, even as broader market and ...

Iraq will not leave OPEC, but is seeking a fair output quota within the oil producer group, Iraqi government spokesman Haider ...

UAE crude output surged to near-record highs in June after quitting OPEC, as discounted ADNOC barrels drew Chinese and U.S.

The Iran war exposed a long-simmering feud within the world’s most powerful oil cartel, boiling over this spring when it ...

The UAE hit record crude oil output above 3.8 million bpd after exiting OPEC. Lower energy costs and sovereign wealth flows ...

Iraq has considered leaving OPEC if the ⁠oil ⁠producer group does not allow Baghdad to significantly ⁠increase oil production, sources with knowledge of the matter told Reuters. The prospect of Iraq ...

OPEC plans to hike production by 200,000 barrels per day despite the Strait of Hormuz remaining closed, making it ...

Two decisions landed within roughly 24 hours, and both point the same way for crude.

Iraq wants to pump more oil in the future.

Iraq said it might one day consider leaving OPEC unless the group accommodates it with a higher oil production quota, just a few months after the United Arab Emirates quit the group so that it could ...

Iraq will not leave OPEC, ​but is seeking ‌a fair output quota within the ​oil producer group, ​Iraqi Prime Minister Ali ...