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.

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 ...

World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

Oil prices fell on Wednesday as an industry report showed an increase in U.S. crude stockpiles and tariff worries weighed on ...

Oil prices edged up to a two-week high on Tuesday as sanctions raised concerns about Russian and Iranian oil supplies and on rising Middle East tensions, outweighing worries that trade tariffs would ...

OIL prices climbed about 2 per cent on Tuesday to a two-week high, as sanctions raised concerns about Russian and Iranian oil supplies, outweighing worries escalating trade tariffs would boost ...

U.S. oil production is expected to reach new heights in 2025, surpassing earlier projections, according to the U.S. Energy ...

President Donald Trump signed an order Monday imposing global tariffs of 25% on all steel and aluminum imports in a move that ...

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operating results and related management's discussion and analysis (MD&A) ...

SINGAPORE: Oil prices extended gains on Tuesday after a report showed Russian oil production fell short of quota ...

Slowing oil production in the U.S. is casting a shadow over projects that are intended to expand the shipment of crude to markets overseas, a Chevron (NYSE:CVX) executive reportedly told Bloomberg.