The targeted level of production by OPEC+ nations within the deal considering voluntary cuts and compensations from Iraq, Kazakhstan and Russia amounted to 33.72 mln barrels per day (mbd), while real ...

The Russian economy has been financing a full-scale war against Ukraine for three years. Military spending has spun up the ...

According to the IEA, global oil supply in 2024 will increase by 660,000 bpd to 102.9 mln bpd, which maintained its estimate of this figure ...

Donald Trump’s choice for Energy secretary said the US must remove bureaucratic barriers and “unleash” production of nuclear power as well as liquified natural gas, according to written testimony ...

Oil prices rose today, Jan. 15 as the US imposed stricter sanctions on Russia, which sparked concerns over potential ...

The crude oil market is on the boil again with prices surging 6% in the past one week in anticipation of the U.S. sanctions ...