Oil prices decreased on Friday. The United States announced new sanctions related to Iran. This diplomatic move raised hopes ...

Russian Deputy Prime Minister Alexander Novak urged OPEC+ to implement its plans calmly and avoid frightening the market with the prospect of higher o ...

Russia increased seaborne fuel oil and vacuum gasoil exports to India and Turkey in May as falling oil product prices ...

The Israel-Iran war has severely damaged Iran’s energy infrastructure and raised tensions in the Strait of Hormuz. Israeli ...

"On our side, we will be glad to see you at the traditional Russian Energy Week in Moscow," the Russian president said at the meeting with OPEC Secretary General Haitham Al Ghais ...

OPEC expert estimates served as a basis to a significant degree when determining the strategy of Russia’s development and the energy sector development strategy, the Russian president added ...

Whenever a war or conflict erupts in the Middle East, the question on everyone’s lips is “what will happen to oil ...

The global oil market so far does not call for any additional steps from producers amid the conflict between Israel and Iran as the tensions have had only a limited effect on prices, according to ...

Oil futures were on pace to close up roughly 3% for the week, extending gains sparked by last Friday’s outbreak of ...

No surprises from the Fed… the committee still expects higher prices are coming… how are the 10-year Treasury yield, the U.S.

Russian President Vladimir Putin said on Friday that oil prices had not risen significantly due to the conflict between Iran ...

Saudi Energy Minister Prince Abdulaziz bin Salman said Thursday that OPEC+ will base any future oil production decisions on ...