Russia will stick to its commitments to the OPEC+ group of leading oil producers and has reached its promised oil output ...

Commodity experts at Standard Chartered have predicted that actions by OPEC+ are likely to determine the near-and mid-term oil price trajectory ...

Russia will stick to its commitments to OPEC+ and has reached its promised oil output level of 9 million barrels per day, ...

Russian data show the nation’s crude production in October was almost in line with its target under the OPEC+ agreement, according to people familiar with figures from the Energy Ministry. The nation ...

OPEC+ delayed a planned increase in oil production, causing prices to rise as analysts debate the long-term impact on the market.

SOCHI. Nov 6 (Interfax) - The Joint Ministerial Monitoring Committee (JMMC) will discuss the current situation on the global oil market in December and will reach decisions on further actions to be ...

Oil prices rose in the Asia morning session amid ongoing Middle East tensions and a hurricane approaching the U.S. Gulf Coast, Citi analysts said.

President-elect Donald Trump is expected to enforce sanctions on Iranian crude exports. Read why it is recommended to invest ...

Russia is currently producing 9 million barrels of oil per day, which is in line with the country's approved commitments as part of the OPEC+ deal, Deputy Prime Minister Alexander Novak told reporters ...

The OPEC+ will discuss the market situation and decide on the joint action from January 1 in December 2024 at the ministerial meeting, the Russian deputy prime minister said ...

Citi forecasted on Wednesday that U.S. President-elect Donald Trump's second term could exert downward pressure on oil through 2025, with Brent crude forecasted to average at $60 per barrel, primarily ...