By John Lee. Oil output at Iraq's Rumaila oilfield is reportedly down by 300,000 barrels-per-day (bpd) following a fire last week. The fire is said to have occurred in a decommissioned storage tank at ...

Oil futures fell on fears of reduced demand due to China's AI breakthrough and Trump's tariff threats, impacting energy markets and equities.

Oil declined amid risk-off sentiment in wider markets and a solidifying consensus that the Trump administration’s trade and foreign policy will rely more heavily on tariffs than on supply-constricting ...

Rumaila oilfield has seen a daily production decline of almost 300,000 barrels, which helps Baghdad fulfill its commitments ...

Rumaila, the biggest oilfield in Iraq capable of pumping about 1.5 million barrels per day (bpd), has seen its oil production cut by 300,000 bpd since a fire broke out at the huge field last week, an ...

The oil production at Iraq's Rumaila field continues to be reduced by 300,000 barrels per day following a fire incident last ...

Vast stretches of Russian coast have been tarred by heavy fuel oil from two freighters that foundered in a storm.

Researchers plan to study whether carbon can be stored underground in the oil fields of Osage and Kay counties.

Iraqi Ministry of Oil has announced that it has managed to control the massive blaze that broke out in an oil field in the south of the country on Friday. The fire started in a tank at the fifth ...

Iraqi Ministry of Oil announced that it has managed to control the massive fire that broke out in an oil field in the south ...

Iraq's most prolific oil field temporarily lost about 120,000 bpd of production after 60 wells were taken offline in response ...

A fire broke out at a crude processing unit at Iraq's Rumaila oilfield on Friday and fire crews were trying to bring it under ...