Global oil demand will pick up in the next months with the summer driving season, Russia's top oil official said, adding that ...

European countries have broadly tried to wean themselves off a dependence on Russian oil in the more than three years since ...

Crude oil finished with another week of losses, as markets were pushed and pulled by OPEC's decision to go ahead with ...

IEA projects global oil supply to exceed demand by 1 million b/d in 2025 due to trade tensions and OPEC+ cuts.

Moscow is resuming oil and gas operations in Iraq’s Kurdistan Region (KRI) to regain geopolitical influence lost after ...

Russia’s oil-tax revenue in February slumped by almost a quarter year-on-year, suggesting producers have reined in output at ...

Russia's oil production in February remained flat from January, staying just below its OPEC+ quota, Bloomberg reported on ...

Saudi Arabia, the world's largest oil exporter, is expected to see a significant decrease in its crude oil shipments to China ...

Reducing sanctions on Russia would hurt the U.S. energy industry and worsen the trade deficit. Does Donald Trump really want ...

Production of liquefied natural gas (LNG), as well as oil and gas, declined in 2024 in Russia's Pacific island of Sakhalin in ...

Ukraine is not on the verge of collapse. That makes the Trump administration’s decisions particularly shortsighted and tragic ...

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries ...