KUWAIT (Reuters) -OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after the United States imposed new sanctions on Russian oil ...

NEW DELHI, Jan 15 (Reuters) - India's Russian oil imports fell to their lowest level in two years in December, as Western sanctions pushed refiners to tap alternatives, lifting OPEC's share of imports ...

While the world is watching the UN General Assembly discussions on Gaza-Israel, hybrid warfare in Europe (drones) and Trump, global oil markets are showing increased instability, as Ukrainian drones ...

Crude oil futures ended little changed Thursday, as traders continue to assess the eventual impact of U.S. sanctions on Russian oil that drove last week’s rally, while looking ahead to the upcoming ...

OPEC is pursuing a long-term strategy to increase its market share and is unwinding production cuts, with oil prices remaining strong due to factors beyond OPEC's direct control. The rise in oil ...

MOSCOW, June 18 (Reuters) - Russian Deputy Prime Minister Alexander Novak has discussed the situation on the global oil market with OPEC Secretary General Haitham Al Ghais, the Russian government said ...

OPEC+ agreed a modest oil output boost of 206,000 barrels per day for April on Sunday just as the U.S.-Israeli war on Iran ...

Add Yahoo as a preferred source to see more of our stories on Google. A view shows a pressure gauge near oil pump jacks outside Almetyevsk KUWAIT (Reuters) -Kuwait's oil minister Tariq Al-Roumi said ...

OPEC+ will make its August oil production decision on the fly during the upcoming July 6 meeting, Russia confirmed on Friday, suggesting there would be no pre-negotiating behind closed doors. "We'll ...

Russia was to produce 9.103 mbd of oil in July considering all voluntary cuts and overproduction compensation obligations MOSCOW, August 12. /TASS/. Russia’s oil production increased by 98,000 barrels ...

KUWAIT (Reuters) -Kuwait's oil minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and U.S. President Donald Trump's recent remarks on Russian ...