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Haitham Al Ghais, Opec Secretary General, affirmed that Opec has, and will continue to be a source of stability; a vital cog in the energy industry landscape; and a...
Opec+ has agreed to further raise oil production from October as its leader Saudi Arabia pushes to regain market share, while slowing the pace of increases compared with previous...
Russia expects to continue supplying oil to India despite warnings from the United States, Russian embassy officials in New Delhi said on Wednesday, adding that Moscow hopes trilateral talks...
India’s biggest state refiners Indian Oil Corp and Bharat Petroleum have bought at least 22 million barrels of non-Russian crude for delivery in September and October, trade sources said,...
US President Donald Trump said on Monday he will substantially raise tariffs on goods from India over its purchases of Russian oil. 'India is not only buying massive amounts...
India will keep purchasing oil from Russia despite US President Donald Trump’s threats of penalties, two Indian government sources said, not wishing to be identified due to the sensitivity...
Markets are thirsty for oil because they are absorbing Opec+ production increases without building inventories, United Arab Emirates Energy Minister Suhail Al Mazrouei said on Wednesday. Opec+, which pumps...
The Saudi General Authority for Statistics (GASTAT) today issued its report on real Gross Domestic Product (GDP) for the first quarter of 2025, revealing a 3.4% growth compared to...
Global stock markets tumbled and the dollar retreated on Friday as uncertainty over US President Donald Trump's trade policies roiled markets and traders awaited key US jobs data. Bitcoin...
The United States on Friday imposed fresh curbs on Russian oil explorer and producer Gazprom and Gazprom Neft. According to reports this measure is expected to impact imports of...
