Russia's government has ordered companies to reduce oil output in the second quarter to ensure they meet a production target ...
More than 90 percent of Iraq’s government revenue comes from oil, leaving the country hostage to global prices.
OPEC and the broader OPEC+ group do not see any need to propose a change to the current oil production policy when the Joint Ministerial Monitoring Committee (JMMC) meets next week ...
Russia's government has ordered oil companies to lower their output in the second quarter so that the country can meet its ...
Earlier this month, Russian Deputy Prime Minister Alexander Novak said that Russia would cut its ... actions with OPEC. Russia decided not to disclose statistics on crude oil production as it ...
Russia plans to gradually ease the export cuts and focus on only reducing output. Novak has not provided the targeted level ...
JPMorgan and Standard Chartered believe OPEC+ will be able to relax the curbs and restore production in the second half of ...
On Monday, crude oil and gasoline prices posted moderate gains on a weaker dollar.
Oil traders see demand possibly picking up and supply risks increasing due to geopolitical woes.
And OPEC, a cartel of oil exporters, is restricting production ... a larger organisation which includes Russia, said it would ...