The Treasury Department has imposed sanctions on a Chinese oil refinery that's accused of purchasing more than $1 billion ...

The Organization of the Petroleum Exporting Countries (OPEC) has received updated oil output compensation plans from eight ...

Iraq plans to cut oil exports this month as it faces growing pressure to adhere to its OPEC+ production target, according to ...

All the latest breaking news on Islamic State of Iraq and the Levant (ISIL). Browse ibtimes archives of photos, videos and articles on Islamic State of Iraq and the Levant (ISIL).

Iraq, OPEC’s second-largest producer, plans to cut its oil-price assumption in the federal budget after the market plunged.

The Trump administration imposed sanctions on Iranian oil trading networks on Thursday, including on a China-based crude oil ...