In Q1 2025, the company's revenue fell 8.5% quarter-on-quarter to 2.283 trillion rubles amid falling ruble prices for Urals oil, compared to a forecast was 2.25 trillion rubles. At the same time, ...

The Organization of the Petroleum Exporting Countries and their allies decided on Saturday to raise output by 411,000 barrels per day in July, the third month the group known as OPEC+ increased by the ...

Asian shares have fallen and oil prices jumped as trade tensions and the Russian-Ukraine conflict ratcheted up geopolitical ...

The production increases come after OPEC+ voluntarily cut output totaling 2.2 million barrels a day starting in January 2024 to support stability and balance in the oil market. It began phasing out ...

The production increases come after OPEC+ voluntarily cut output totaling 2.2 million barrels a day starting in January 2024 to support stability and balance in the oil market. It began phasing out ...

NPR's Scott Detrow speaks with Angela Stent, professor emeritus at Georgetown University, about what motivates Russian President Vladimir Putin as talks to end the war in Ukraine continue.

US President Donald Trump's tariffs, his call to "drill baby drill" and especially a decision by OPEC+ to hike crude output ...

Editorial written by Bloomberg Opinion Board. From Istanbul to the Vatican to the Oval Office, everyone seems to want peace in Ukraine — except Vladimir Putin. The Kremlin says it prefers to end the ...

Brent crude oil price crashed on Friday amid rising trade tensions, and the downtrend may continue after the latest OPEC+ ...

OPEC+ agreed to surge oil output for the third month in a row despite reservations from key member Russia, doubling down on a ...

Rosneft operated in the context of continuous deterioration of the macroeconomic environment, which included lower prices and wider discounts for Russia’s Urals crude oil, new sanction restrictions, ...

Despite some bullish signals this week, the expectation that the OPEC+ group will increase output again in July dominated the ...