Global oil demand will pick up in the next months with the summer driving season, Russia's top oil official said, adding that ...

Russia's Deputy Prime Minister Alexander Novak predicts an increase in global oil demand during the summer driving season, ...

Russian President Vladimir Putin and Saudi Arabia's Crown Prince Mohammed bin Salman agreed on the importance of upholding ...

Russian President, Vladimir Putin and Saudi Arabia's Crown Prince Mohammed bin Salman have agreed on the importance of ...

Falling fossil-fuel prices may tempt some to switch back to old habits but that will prove a climate-change disaster.

Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to reduce production, OPEC data has shown. Kazakhstan has persistently exceeded its ...

Brent rose to above $70 a barrel after sliding 1.5% in the prior session, and West Texas Intermediate was near $67. The White ...

"If the prospect for a ceasefire continues to be pushed into the future, the market would expect Russian oil to be under sanctions for an extended period of time," said Andrew Lipow, president of ...

Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on ...

CALGARY (Reuters) -Oil prices fell over 1% on Thursday as markets weighed macroeconomic concerns, including the risk that ...

Moscow witnessed a major aerial attack as Ukraine launched a fresh wave of drones, targeting key locations within the Russian ...

OPEC's decision to go ahead with its planned production hikes in April implies the oil market is entering a new phase where it lets underlying fundamentals drive prices, but the opposite might be true ...