Oil prices edged up on Friday, as investors weighed a tight prompt market against a potential large surplus this year, ...

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

By bnm Tehran bureau Iran topped global crude oil production growth in 2024, increasing output by 374,000 barrels per day (bpd) to achieve a 13% rise, according to OPEC's latest statistical bulletin.