OPEC+ has announced a delay in the anticipated resumption of oil supply cuts, reflecting the ongoing challenges within the global crude market as prices continue to struggle. This decision follows a ...

“The U.S. oil sector, however, does not exist in a vacuum - and signs that the U.S. is ramping up production could provoke a ...

In the first months following the full-scale invasion of Ukraine in February 2022, Berezhinskaya published dozens of posts online against the conflict. The Russian army, the Interior Ministry and ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, the IEA said, ...

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The Tomsk region authorities and JSC Uzbekneftegaz have agreed to develop a road map for cooperation, the region's governor, Vladimir Mazur, said on his Telegram channel.

On the more immediate question of short-term and medium-term supply, the OPEC+ group was to begin increasing its output in ...

Prospects are brighter for VLCCs even though Opec+ again delayed its planned crude production increase. The oil exporting group has extended its voluntary cuts by another month to the end of ...

In a recent decision, OPEC+ delayed its December production increase by one month, aiming to counter weak demand and growing non-OPEC supply. This delay follows a rise in OPEC’s output ...

OIL prices climbed nearly 3% on Monday on OPEC+'s decision for a month's delay in plans to increase output, while investors also focused on the U.S. presidential election. Brent futures were up $1 ...

Oil prices surged over 2% on Monday after OPEC+ announced it would delay a planned production increase by a month, a strategic move aimed at stabilizing prices amid uncertain global demand and market ...

(Reuters) – Oil prices climbed nearly 2% on Monday on OPEC+’s decision to delay plans to increase output by a month, while the market braced for a critical week in which Americans will elect a new ...