News

Steps taken by the OPEC+ group to boost oil supplies have proved astute, given developments in the Middle East conflict, ...
By Olesya Astakhova and Vladimir Soldatkin ST PETERSBURG, Russia (Reuters) -OPEC+ group of leading global oil producers could ...
Russian President Vladimir Putin said on Friday that oil prices had not risen significantly due to the conflict between Iran ...
Russia's top oil official said on Thursday that OPEC+ oil producers should proceed with plans to increase output, noting ...
Opec+ shocked oil markets in April by agreeing to an output hike for May despite weak prices and slowing demand.
Indian oil marketing companies remain vulnerable to oil price volatility, but the risk of Strait of Hormuz closure has ...
The shift in OPEC+ policy suggests that oil prices will come under pressure towards the end of the year. Click to read.
Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...
Oil prices fell sharply on Tuesday morning after reports of a ceasefire agreement between Israel and Iran eased fears of a ...
Oil extended a slump as US President Donald Trump announced a tentative ceasefire between Iran and Israel.
With a ceasefire now easing geopolitical tensions, the window for securing higher oil prices has quickly closed, returning ...