This year, Russia expects to produce between ... Novak said. Earlier this month Novak said that OPEC+ could reverse the oil production increase after April if market imbalances occur.

Ukraine's strikes on Russian energy sites will have to stop temporarily, following Russia's agreement to begin the limited ...

Russia is reducing its output as part of the OPEC+ group, which decided this month to release more oil into the market from April, its first production increase since 2022. Sign up here.

Russia's Deputy Prime Minister Alexander Novak predicts an increase in global oil demand during the summer driving season, ...

LONDON - OPEC+ on Thursday issued a new schedule for seven member nations to make further oil output cuts to compensate for ...

Russia Deputy Prime Minister Alexander Novak said on Friday that the OPEC+ group agreed to start increasing oil production ...

Crude oil finished with another week of losses, as markets were pushed and pulled by OPEC's decision to go ahead with ...

The price of nearby WTI crude oil futures has not been materially under $65 per barrel in almost four years, but that level ...

Russia's seaborne fuel oil and vacuum gasoil exports dropped 15% in February from the previous month to around 3.3 MM tonnes (t) due to lower production, stormy weather, delayed loadings and drone ...