Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas production ...

Production for Q1 2025 is forecasted at 159,000 to 167,000 barrels of oil equivalent per day, reflecting natural declines and planned downtime across onshore and offshore assets. Full-year 2025 ...

Kazakhstan’s daily oil production jumped to a record high of about 2 million barrels of crude on Sunday, following the start-up of an expansion project at the country’s biggest oilfield ...

Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose significantly. By Rebecca F. Elliott ...

The US investment bank Goldman Sachs estimates the proportion of crude oil used for primary materials production to be 45 per cent. Because the crude oil industry has developed hardly at all in ...

The US investment bank Goldman Sachs estimates the proportion of crude oil used for primary materials production to be 45 per cent. Because the crude oil industry has developed hardly at all in ...

But whether Trump’s remarks will lead to action — especially when it comes to oil production from Saudi Arabia and the Organization of the Petroleum Exporting Countries — remains to be seen.

Oil futures tallied their first weekly loss in five weeks on Friday as recent comments from President Donald Trump suggested he would pressure major oil producers to boost crude output. Prices ...

The alliance last month put off increasing oil production as it faces weaker than expected demand and competing production from non-allied countries. Trump made similar calls on OPEC+ this week ...

Crude oil futures posted their first weekly loss in five weeks, finally falling back after a New Year rally spurred by increased Russia sanctions, winter weather demand and a two-month slide in U.S.

The alliance last month put off increasing oil production as it faces weaker than expected demand and competing production from non-allied countries. Trump made similar calls on OPEC+ this week ...

MANILA, Philippines — Oil companies are set to implement a rollback in fuel prices today, ending three consecutive weeks of price increases. In separate advisories, Shell, Caltex and Seaoil ...