Russia, Iraq and Kazakhstan faced exceeding production limits and promised to compensate for overproduction by the end of ...

At the same time, according to Vortexa data cited by OPEC, Russia provided for 38% of total oil imports by India in December, similarly to November ...

The Organization of Petroleum Exporting Countries (OPEC) has kept its global economic growth forecasts steady, with expectations of 3.1% growth in 2025 and 3.2% in 2026, according to its monthly oil ...

Russia’s oil production totaled 9.01 mbd in November 2024, and 9.004 mbd in December, according to OPEC. Output averaged 9.250 mbd in Q2 2024, 9.058 mbd in Q3, and 9.015 mbd in Q4.

Russia has claimed 100% compliance with its oil production quota under the OPEC+ agreement in January and February.

The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...

The potential for renewed war in Gaza, heightened U.S.-Israel cooperation, and Russia’s growing vulnerability in oil exports ...

Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

The dissolution of the Soviet Union greatly affected this decades-old gas business. Russian gas now had to transit an ...

U.S. President Donald Trump plans to restore his "maximum pressure" campaign on Iran including efforts to drive its oil ...