Oil prices fell on Wednesday after reports indicated the U.S. is renewing its push to end Russia's war in Ukraine and has ...

Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia's oil industry in an attempt to get Russian President Vladimir Putin to the negotiating table and end Moscow’s ...

Commercial crude oil inventories jumped 6.4 million barrels as U.S. production set new records and refinery capacity utilization rose to 89.4%.

Russia’s seaborne crude exports climbed to a 16-month high in the past four weeks, a period in which the nation’s own oil refineries have been forced to scale back production because of Ukrainian ...

Ukraine carried out strikes on multiple targets in Russia linked to oil refining and drone production, Ukraine’s General Staff confirmed on Sept. 24. The confirmation follows a reported overnight ...

US imposes sanctions on Russia's Rosneft and Lukoil Move could force Russia to offer deeper discounts Indian buyers set to slash orders, industry sources say The U.S. Department of the Treasury's ...

Head of the State Commission on Mineral Reserves Igor Shpurov said this was due to the fact that special incentive systems have been introduced since around 2012 for the use of new technologies for ...

The World’s June oil production increased by 895 kb/d to 84,184 kb/d. For December 2026, production is projected to be 85,538 b/d, an upward revision of 853 kb/d from last month. World oil production ...

Abu Dhabi hosts a major oil summit Monday, just after OPEC+ and its allies announced they would halt planned production increases for early 2026. This decision comes amid new oil sanctions from ...

In August, Russia was supposed to produce 9.259 million bpd of oil, taking into account all voluntary reductions and obligations to compensate for overproduction MOSCOW, September 11. /TASS/. Russia ...