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CAIRO, March 23 (Reuters) - Iraq plans to raise oil production capacity to more than 6 million barrels per day (bpd) by 2029, the state news agency reported Iraq's oil ministry as saying on Sunday.

[NEW YORK] Oil prices settled higher on Friday (Mar 21) and recorded a second consecutive weekly gain as fresh US sanctions on Iran and the latest output plan from the Opec+ producer group raised ...

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 ...

Oil prices have risen and are set for their second consecutive weekly gains following new U.S. sanctions on Iran and an OPEC+ plan to cut output. Brent crude and WTI prices have both increased, with ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. OPEC+ early this month confirmed it would begin adding barrels to the ...

Rising supply and potentially weaker-than-expected demand are set to keep oil prices in check this year, with the price likely to average in the low $70s, analysts and investment banks say.

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 raised expectations of ...