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

Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...

Kazakhstan raised crude oil and gas condensate production in February by 13% from January to a record high 2.12 million ...

Crude oil futures rose sharply on Friday but still finished with another week of losses, as markets were pushed and pulled by OPEC's decision to go ahead with production increases starting in April, ...

Details: Reuters noted that the US sanctions have complicated ... Kyiv has stepped up drone attacks on oil refineries in an attempt to strengthen its negotiating position. "Russia will have no choice ...

Ukraine said on Tuesday it had struck an oil refinery near Moscow and a facility in Russia's Oryol region that is part of the Druzhba pipeline system exporting oil to Europe. Hungarian Foreign ...

The International Energy Agency has lowered its outlook for Russia's oil production this year by only ... nation to come up with workarounds. As the US restrictions on two major Russian oil ...

LONDON/SINGAPORE (Reuters) -Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to sail to Asia and Ukrainian drone attacks hobble ...

The United States ... Russian oil executives, asking not to be named due to the sensitivity of the issue, said the reality was clear: Russia will have no choice but to slow oil production.

The bombardment came just days after the United States said it was suspending intelligence sharing with Ukraine.

Brent crude dropped as much as 2.8pc on Monday to $71.17 a barrel after the oil cartel, led by Saudi Arabia and Russia ... vowed to ramp up the US’s oil and gas production to make the US ...