Russia's government has ordered companies to reduce oil output in the second quarter to ensure they meet a production target ...
Crude prices have retreated since hitting last week their highest levels since October and remain about three per cent above ...
JPMorgan and Standard Chartered believe OPEC+ will be able to relax the curbs and restore production in the second half of ...
E+ via Getty Images Crude oil prices headed for their longest streak of monthly advances since September last year, supported by supply ...
OPEC and the broader OPEC+ group do not see any need to propose a change to the current oil production policy when the Joint Ministerial Monitoring Committee (JMMC) meets next week ...
Russia plans to gradually ease the export cuts and focus on only reducing output. Novak has not provided the targeted level ...
Earlier this month, Russian Deputy Prime Minister Alexander Novak said that Russia would cut its oil ... actions with OPEC. Russia decided not to disclose statistics on crude oil production ...
And OPEC, a cartel of oil exporters, is restricting production ... a larger organisation which includes Russia, said it would ...
Indian buyers of Venezuelan oil — including billionaire Mukesh Ambani’s Reliance Industries Ltd. — have halted purchases from ...
Oil traders see demand possibly picking up and supply risks increasing due to geopolitical woes.