Crude oil logs biggest weekly gain since January on US sanctions, OPEC+ group cuts: Brent gains over 2% in five days ...

Dubai OPEC+ has announced a revised schedule for seven member nations to implement additional oil output cuts, aiming ...

NEW YORK (Reuters) -Oil prices settled higher on Friday and recorded a second consecutive weekly gain as fresh U.S. sanctions on Iran and the latest output plan from the OPEC producer group raised ...

Crude oil futures posted their second straight weekly gain, boosted by bullish geopolitical developments, while OPEC+ sent ...

India's crude oil imports are projected to reach a record high in the fiscal year ending March 31, 2025, due to increasing ...

This move aims to compensate for pumping above agreed levels, with monthly reductions ranging from 189,000bpd to 435,000bpd.

Discover how to navigate market volatility and earn up to 11% yields. Click for our strategy in turbulent times and how we ...

West Texas Intermediate (WTI) Oil price holds ground for the third successive session, trading around $68.40 per barrel ...

News and other data on this web site are provided for information purposes only, and are not intended for republication or redistribution. Republication or redistribution of Interfax content, ...

OPEC+ has announced a new schedule for seven member countries to implement additional oil output reductions to compensate for pumping above agreed levels.

Compensations until July 2026 will total 4.203 mln barrels per day. Plans were presented by seven out of eight OPEC+ countries that followed voluntary adjustments, specifically Iraq, Kuwait, Saudi ...

Almasadam Satkaliyev, as of this week, is out as energy minister according to a statement made by the presidential office.