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 ...

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.

Indian refiners are reconfiguring their supply chains, including changing trading partners and insurers, to continue ...

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 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 ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price ...

Nearly three years on, Russia’s full-scale invasion of Ukraine in February 2022 has reshaped trade and investment in the ...

Oil prices climbed about 2% on Tuesday to a two-week high, as sanctions raised concerns about Russian and Iranian oil ...

Officials say Russian forces have targeted Ukraine’s energy and gas infrastructure in a “massive” nighttime missile attack, ...