Oil futures fell on fears of reduced demand due to China's AI breakthrough and Trump's tariff threats, impacting energy markets and equities.

Iran's loss of influence in Lebanon and Syria has helped to spark a shift in attitude among Arab leaders.

ERBIL – Iraq’s oil production has dropped by 300,000 barrels per day following a fire at the Rumaila oil field in Basra Governorate, a key site responsible for nearly 40% of the country’s total output ...

By John Lee. Oil output at Iraq's Rumaila oilfield is reportedly down by 300,000 barrels-per-day (bpd) following a fire last week. The fire is said to have occurred in a decommissioned storage tank at ...

The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...

A court has ruled that consent for two new Scottish oil and gas fields was granted unlawfully and their owners must seek ...

Suriname state-owned oil company and market regulator Staatsolie has issued a new bond to raise capital to finance its ...

China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...