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Oil Prices

Iran boosts oil production to a five-year high

Iran’s crude oil and condensate production increased by 16.1% in 2021, reaching 3.17 million barrels per day, according to BP’s statistical review of world...

Iran boosts oil production to a five-year high

Iran’s crude oil and condensate production increased by 16.1% in 2021, reaching 3.17 million barrels per day, according to BP’s statistical review of world...

Saudi Arabia threatens US with economic pain over oil dispute

Saudi Arabia has warned the US of “major” economic consequences if it retaliates against the kingdom’s decision to cut oil production by 2 million...

Saudi Arabia slashes oil output by 1 million barrels per day

Saudi Arabia, the world’s largest oil exporter, announced on Sunday that it would voluntarily cut its oil production by 1 million barrels per day...

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