Crude oil futures drop as OPEC+ plans gradual production increase, impacting global oil market and commodity trading trends.

By John Lee. Iraq's State Oil Marketing Organization (SOMO) has announced Ali Nizar Fayeq al-Shatari as its next Director General. He succeeds Khudhyer Abbas Abed, who has held the role for less than ...

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries ...

Türkiye halted the operation of the pipeline in March 2023 following an International Chamber of Commerce ruling.

U.S. Secretary of State Marco Rubio pushed Iraq’s Prime Minister to reopen the Iraq-Turkey Pipeline. The U.S. and its allies ...

Iraq and oil companies operating in the country’s semi-autonomous Kurdistan failed to reach an agreement during a meeting on ...

Our national goal should be to end the suffering caused by fossil fuels and leave our children a world where human society and nature coexist ...

This story was produced in partnership with the Pulitzer Center. It is part one of a four-part series. Jose Gonzalez* wore no ...

Iraqs Ministry of Oil has invited foreign companies operating under the Association of the Petroleum Industry of Kurdistan ...

Iraq invited international oil companies operating in the country’s Kurdish region for a meeting next week to help resume ...

Iraq's Ministry of Oil said on Saturday it had invited global foreign companies operating under the Association of the ...

Crude oil prices fell below $70 due to economic concerns and fears over President Trump's tariffs on Mexico, Canada, and ...