JPMorgan and Standard Chartered believe OPEC+ will be able to relax the curbs and restore production in the second half of ...
Russia's government has ordered companies to reduce oil output in the second quarter to ensure they meet a production target ...
Oil prices are on track to post a strong gain this quarter, rallying by 14% since the start of the year thanks to OPEC+ cuts, ...
Putin backed the production cuts, but said the output is dropping "while it grows in other countries such as the US, and we ...
And OPEC, a cartel of oil exporters, is restricting production ... a larger organisation which includes Russia, said it would ...
OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, and further raised ...
Crude oil prices headed for their longest streak of monthly advances since September last year, supported by supply side issues ahead of the OPEC's ministerial monitoring committee meeting next week, ...
Oil prices could rally to $100 a barrel as soon as September following Russia's shift to cut production, though the U.S. is ...
World oil production increased by 745 kb/d in November. The largest increase came from Canada, adding 360 kb/d. Read what ...
Iraq said it will reduce oil exports in the coming months to compensate for producing above its OPEC+ limits in January and ...
Indian buyers of Venezuelan oil — including billionaire Mukesh Ambani’s Reliance Industries Ltd. — have halted purchases from ...
Russia plans to gradually ease the export cuts and focus on only reducing output. Novak has not provided the targeted level ...