Following a price war crisis sparked by the OPEC+ countries, it seems that the sudden price drop that brought the cost of crude oil down to the prices in $20’s has finally seen some kind of recovery.

The US military reportedly dispatches 35 truckloads of military and logistical equipment to its positions in Syria’s northeastern province of Hasakah.

A report shows there is no immediate deal in sight for new OPEC+ cuts because of the Saudi-Russia rift.

Iran may start pumping oil from a major field in the Caspian Sea earlier than planned.

The fall from 1.2 million barrels a day to just over 320,000 has caused estimated losses of $256 million.

The spokesman for Yemen’s Houthi Ansarullah movement says those who have no respect at all for Yemenis’ blood must fully bear the consequences of their actions.

Libya's National Oil Corporation (NOC) chief said that continued instability in Libya could make it lose 95% of its oil production.

Senior officials remain generally optimistic about Iran’s oil production outlook despite looming US sanctions which seek to drain a key source of revenues.

Oil prices remain at four-year highs on concerns over looming US sanctions against Iran which is pledging to continue production at full force.

A commentator believes Saudi Arabia faces its own oil production limitations to increase the number of barrels per day.