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 ...

A surplus is possible later, but it will be offset by oil purchases for strategic reserves, Gazprom Neft CEO Alexander Dyukov said.

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

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

Oil prices jumped almost 3% on Thursday as a week-old air war between Israel and Iran escalated and uncertainty about potential US involvement kept investors on edge. Brent crude futures settled up $2 ...

The UAE and Saudi Arabia are expected to experience stronger economic growth, even as the ongoing Israel-Iran conflict ...

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 ...

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 ...

Oil assets, whether production sites or export infrastructure or ships, have not been directly targeted in the exchange of ...

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