The number of oil rigs in the US decreased by one during the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil dropped to 486, while gas ...

President Donald Trump's administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering the spread of weapons of mass destruction ...

The US is applying pressure to Iranian crude exports after President ... Baker Hughes reported last Friday that active US oil rigs in the week ending March 14 rose +1 rig to 487 rigs, mildly ...

Iraq minister says Iranian tankers used forged Iraqi documents Tehran denies using such documents Iran says allegations came from U.S officials BAGHDAD, March 24 (Reuters) - Iraq's oil minister ...

According to a report by the Islamic Republic of Iran Broadcasting (IRIB), NIOC emphasized that it consistently prioritizes crude oil quality to maintain its brand and meet the expectations of its ...

NEW YORK (Reuters) -Oil prices settled higher on Friday and recorded a second consecutive weekly gain as fresh U.S. sanctions on Iran and the latest output plan from the OPEC+ producer group ...

The tightened U.S. sanctions on Iranian oil flows under the Trump Administration’s renewed maximum pressure campaign have created chaos in Iran’s oil exports to its single biggest buyer ...

Iranian oil sellers risk facing significant hurdles moving their cargoes out of the country as competition for unsanctioned tankers from Russia and Venezuela intensifies, according to analytics ...