Russia's top oil official said on Thursday that OPEC+ oil producers should proceed with plans to increase output, noting ...

U.S. and Chinese purchases for strategic oil reserves are expected to offset any potential global surplus, keeping oil prices ...

Russia's chief oil official advocated for OPEC+ oil producers to move forward with their scheduled output increase, citing an ...

Emkay expects Brent crude to average $70/bbl in FY26, citing steady supply despite Israel-Iran conflict. OMCs seen as better ...

Saudi Energy Minister Prince Abdulaziz bin Salman said OPEC+ has become a key guarantor of oil prices and the sector as a ...

ST. PETERSBURG. June 19 (Interfax) - Oil market volatility benefits no one, and OPEC+ supports stable market development, demand growth and the security of supply, Russian Deputy Prime Minister ...

Output for March 2025 was revised higher by 2 kb/d and April 2025 output was revised higher by 128 kb/d compared to last ...

China was quick to condemn Israel after its assault against Iran. Yet President Xi Jinping has shown no sign of rushing to ...

Saudi Energy Minister Prince Abdulaziz bin Salman, asked if the Kingdom and Russia would step in to replace any potential ...

CALGARY] Oil prices jumped almost 3 per cent on Thursday as a week-old air war between Israel and Iran escalated and ...

Good afternoon, and happy Juneteenth! If you are off today, we hope you are having a restful Thursday and keeping cool in this heat. Most of the U.S. is in for some scorching temps hitting the 100s ...

There is already an understanding between both ministries on the issue," Tsivilev said. "We are developing our own new technologies for HRR. Of course, they are expensive and have a much longer ...