China has been building oil reserves at an accelerated pace as part of its campaign to increase crude stocks. This urgency increased after Russia's invasion of Ukraine disrupted global energy flows.
Editor's note: This story has been updated to include confirmation from the General Staff and additional reporting. Ukrainian drones struck Russian-occupied Crimea overnight on Oct. 6, hitting the ...
Saudi Arabia, Russia and six other members of OPEC+ on Sunday (October 5, 2025) decided to raise their production quotas by 137,000 barrels per day in November, as they continue to push for greater ...
Umama Ali is an experienced content writer with a passion for gaming. He has been immersed in video games for as long as he can remember. When he is not playing video games, he can be found playing ...
The U.S. has urged China, Iran’s biggest oil customer, to stop Tehran closing the vital Strait of Hormuz. WSJ’s Austin Ramzy looks at just how much influence Beijing has. Photo: Iranian ...
Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. A rig and supply vessel are viewed in the Gulf of ...
Saudi Arabia, Russia weigh balance between prices and market share Dubai: Saudi Arabia, Russia, and six other Opec+ members will raise oil production by 137,000 barrels a day from November, marking ...
"In view of a steady global economic outlook and current healthy market fundamentals, as reflected in the low oil inventories, the eight participating countries decided to implement a production ...
Saudi Arabia, the de facto leader of the oil cartel, sees advantages in increasing output despite market risks. By Stanley Reed Reporting from London Eight members of the OPEC Plus oil producers group ...
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