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Saudi Arabia plans to increase its crude oil output next month to more than 10 million barrels a day in response to the collapse of its OPEC+ alliance with Russia, Bloomberg News reported on Saturday. Brent slid to its biggest daily loss in more than 11 years on Friday after …

Libya was currently producing around 121,000-123,000 b/d because of the blockade.

Russia's oil output increase will now hinge on companies' plans.

Many shale producers are highly exposed to the current low oil prices.

China is deciding to ramp up solar capacity.

In a meeting with Iran's Ambassador to Bishkek Saeed Kharazi, Kyrgyz deputy foreign minister Nurlan Abdrakhmanov underscored that the outbreak of the lethal coronoavirus cannot disturb mutual ties between the two countries.

Russia's Permanent Representative to International Organizations in Vienna Mikhail Ulyanov reacted to the IAEA’s request from Iran for clarification or access to additional locations for taking environmental samples.

OPEC further slashed its 2020 oil demand growth forecast on Thursday due to the coronavirus outbreak and agreed to new output cuts to offset the collapse in oil demand resulting from the epidemic. Global oil demand growth in 2020 is now forecast to be just 480,000 b/d, down from 1.1 …

Zarif and EU Foreign Policy Chief Josep Borrell on Wed. held a phone conversation over the biased report of the International Atomic Energy Agency (IAEA).

The inspections that the International Atomic Energy Agency (IAEA) is asking for have no legal basis, said the spokesman of the Atomic Energy Organization of Iran (AEOI).