Iran's oil production faces a potential collapse of up to 1.2 million barrels per day this year due to tighter US sanctions, ...

During today's episode of Slingshot TV, Host Troy Smith discussed President Biden's recent block of offshore drilling, and ...

Production increases are also expected by ... the construction of Iranian LNG facilities in partnership with Iran’s Oil Industry Pension Fund. Initially, this would allow Gazprom to, in effect ...

Despite some of the West’s toughest sanctions, Iran has built a roaring global trade for its oil. It relies on a shadow fleet of tankers that conceal their activities to skirt sanctions ...

OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab ...

Oil prices have started the year rallying aggressively, with Brent breaking $80 on Friday morning for the first time since ...

Along with the crude oil is gas condensate fuel, which is even more worrisome due to the unfeasibility of stopping production. Even Russia, generally considered an ally to Iran, may not be willing ...

Wall Street analysts are projecting lower oil (BZ=F, CL=F) prices in 2025, with forecasts ranging from $65 to $76 per barrel.

This move saw Iran develop key partnerships with China and Russia in a bid to overcome U.S. sanctions in order to increase its oil production and recommence exports. Now it seems that Venezuela is ...

Iran’s crude oil production averaged 3.34 million barrels per day last quarter, according to the STEO, which highlighted that the country’s crude oil output came in at 3.26 million barrels per ...

OPEC’s crude production dipped last month as the United Arab Emirates stepped up implementation of supply cutbacks aimed at ...

That said, senior oil and gas industry figures from both sides met again last month to reinstitute better excavation practices on both sides. This followed recent assessments from Iran’s own National ...