ST. PETERSBURG. June 20 (Interfax) - Russian Deputy Prime Minister Alexander Novak, who is co-chair of OPEC+'s ministerial monitoring committee, called on Kazakhstan to maintain coordination within ...

Goldman Sachs said markets are estimating a 65% likelihood of the U.S. intervening in the Middle East, though added there's a ...

U.S. and Chinese purchases for strategic oil reserves are expected to offset any potential global surplus, keeping oil prices ...

Russia's chief oil official advocated for OPEC+ oil producers to move forward with their scheduled output increase, citing an ...

Goldman Sachs recently revised its assessment of geopolitical risk in oil markets, suggesting that Brent crude prices could ...

Saudi Energy Minister Prince Abdulaziz bin Salman, asked if the kingdom and Russia would step in to replace any potential ...

A surplus is possible later, but it will be offset by oil purchases for strategic reserves, Gazprom Neft CEO Alexander Dyukov said.

Oil prices jumped almost 3% on Thursday as a week-old air war between Israel and Iran escalated and uncertainty about potential US involvement kept investors on edge. Brent crude futures settled up $2 ...

Oil assets, whether production sites or export infrastructure or ships, have not been directly targeted in the exchange of ...

The UAE and Saudi Arabia are expected to experience stronger economic growth, even as the ongoing Israel-Iran conflict ...

China was quick to condemn Israel after its assault against Iran. Yet President Xi Jinping has shown no sign of rushing to ...