SINGAPORE, March 27 (Reuters) - Oil prices fell on Friday and were on track for the steepest weekly decline in six months ...

The Basra Oil Company, Iraq's largest oil company, announced on Tuesday a 100 per cent reduction in crude oil production at the Rumaila field, ef ...

Iraq started shutting oil production at its biggest fields and is set to make even deeper reductions in the coming days, the clearest sign yet of stress on Middle East producer giants from the closure ...

Iraqi oil production has slumped as the Iran war rages, with storage tanks reaching high and critical levels while the ...

BP PLC (NYSE:BP) is among the 10 most undervalued stocks to buy and hold for 10 years. On March 5, three Iraqi oil industry ...

Officials in the Iraqi energy sector announced on Wednesday that Iraq's oil output has declined due to the ongoing regional ...

Oil prices shatter $100 barrier as Tehran warns US-linked energy assets are now “targets” following the precision strike on Iran’s primary export hub ...

Iraq has more than halved its oil production as the country runs out of storage, its oil officials said, while tankers avoid the Strait of Hormuz amid attacks against ships there. Output at Iraq's ...

Due to the ongoing conflict in the Middle East and the obstruction of crude oil export routes through the Strait of Hormuz, ...

Oil surged for a second day as the US and Israel stepped up their war against Iran, with the sprawling conflict’s impact on energy assets in the Persian Gulf deepening. US oil futures surged as much ...

BP has withdrawn foreign technical staff from Kirkuk's oil fields as a precaution. The state-run North Oil Company has ...

The worst global oil crisis in decades could become a major problem for the Federal Reserve, whose policymakers meet this week to determine the next moves for the US economy.