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Saudi Arabia's crude oil exports declined…what about Iraq?

Saudi Arabia's crude oil exports declined…what about Iraq?

Data from the Joint Organization Data Initiative (JODI) today, Monday, revealed that Saudi Arabia's crude oil exports declined for the second consecutive month last January, and Iraq is set to cut its crude oil exports

World
Oil prices on track to post weekly gain of more than 3%

Oil prices on track to post weekly gain of more than 3%

Although crude oil prices fell slightly in global markets in Friday trade, they remained on track to post weekly gains of more than 3%. This upward trend was driven by a combination of several factors,

World
Energy Information Administration: US leads global oil production for sixth year

Energy Information Administration: US leads global oil production for sixth year

Reuters today, quoting a statement from the Energy Information Administration issued on Monday, said that US crude oil production leads the world for the sixth consecutive year with a record average of 12.9 million barrels

World
Russian newspaper: India wants to cut off Arab oil from China, but can this happen?

Russian newspaper: India wants to cut off Arab oil from China, but can this happen?

The Indian Navy intends to build a second base in the Lakshadweep archipelago, which lies on the tanker route from the Gulf of Aden and the Strait of Hormuz to the Strait of Malacca. Russian

World
Arab countries and Russia have extended voluntary cuts in oil production till June.

Arab countries and Russia have extended voluntary cuts in oil production till June.

Members of the OPEC+ alliance, which imposed voluntary cuts in oil production in the first quarter of this year, have agreed to extend the cuts into the second quarter, Reuters reported on Sunday, citing sources.

World
Oil rises amid anticipation of OPEC Plus decision and geopolitical tensions

Oil rises amid anticipation of OPEC Plus decision and geopolitical tensions

Global oil prices saw a notable rise in trading today, Friday – with futures contracts for Brent crude for delivery next May rising $2.24 a barrel, or 2.73%, to $84.15, while US West Texas Intermediate

World
What does joining the oil producers' club mean for Afghanistan?

What does joining the oil producers' club mean for Afghanistan?

Kabul - Afghanistan has returned to oil production with the Ministry of Mines and Petroleum announcing plans to begin extracting crude from wells near the Amu River in Sarpol province in the country's north, which

World
Oil rises as aggression against Gaza and Red Sea threats continue

Oil rises as aggression against Gaza and Red Sea threats continue

Oil prices rose for a third consecutive day in early Asian trading on Tuesday, hit by continued Israeli aggression on the Gaza Strip and threats by the Yemeni Houthi group to Israeli, US and British

World
It also includes two Arab countries…Top 10 producers leading the shale oil and gas boom

It also includes two Arab countries…Top 10 producers leading the shale oil and gas boom

Experts believe the shale oil boom has largely succeeded in reshaping the future of the global energy industry, with the United States leading the mission along with China. According to a report by the American

World
The number of oil tankers decommissioned has increased at the lowest rate in 40 years due to disturbances in the Red Sea.

The number of oil tankers decommissioned has increased at the lowest rate in 40 years due to disturbances in the Red Sea.

Two large oil tankers will be added during the current year to the global oil transportation fleet, which is growing at the slowest pace in nearly four decades, 90% below the annual average recorded since