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Ukraine says minerals deal with US important part of future security guarantees

- Kyiv would not have been able to defend itself without Javelins, other weapons provided by US during Trump's presidency, says ambassador

05.05.2025 General

Oil prices slide as OPEC+ moves to boost output

- Key producers Saudi Arabia and Russia are set to lead the increase, with analysts saying move points to rise in global oil supply over coming months

05.05.2025 Oil

OPEC+ members fast-track oil supply increase

- Eight OPEC+ nations will boost oil production by 411,000 barrels per day in June, compared to May levels

03.05.2025 Oil

OPEC+ plays key role in stabilizing oil markets during global turmoil

- OPEC+ interventions cut oil price volatility nearly in half during major global crises between 2017 and 2024

01.05.2025 Oil

Oil prices slide amid US-China trade tensions and rising supply outlook

- Ongoing US-China trade tensions and OPEC+ supply plans continue to weigh on oil prices

29.04.2025 Oil

US rejects report that it is considering lifting sanctions on Nord Stream pipeline

- 'This is unequivocally false,' says Marco Rubio, calling for full retraction of Politico story

24.04.2025 General

US crude oil inventories up 0.1% for week ending April 11

- Daily crude oil production rises to around 13.46 million barrels per day

17.04.2025 Oil

US in talks with Saudi Arabia on nuclear technology agreement, says US energy secretary

- ‘I think in the short run, we’ll sign a broader agreement about cooperation across the energy space,’ says Chris Wright

14.04.2025 General

OPEC daily crude output down 0.29% in March

- Global oil demand growth forecast for 2025 revised down at 1.3 million barrels per day

14.04.2025 Oil

Oil prices are forecasted to stay below $80 threshold for extended period

- Brent crude drops 9.2% to $65.74 in first week of April, marking its lowest weekly close since August 2021

05.04.2025 Oil

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France, UK reiterate need to pressure Moscow for peace talks with Kyiv

- French, British foreign ministers point out to continued Russian strikes on Ukraine’s energy infrastructure

04.04.2025 General

Oil prices fall amid US tariffs, OPEC+ supply boost stoke market fears

- President Trump issues executive order enforcing 10% baseline tariff on all imports

04.04.2025 Oil

OPEC+ accelerates output hike plan for May

- Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman to implement production increase of 411,000 barrels per day, which includes three monthly increments

03.04.2025 Oil

Russia, Ukraine renew accusations over violating moratorium on energy strikes

- Russian Defense Ministry accuses Kyiv of strikes despite remarks about compliance with pause, while Zelenskyy claims attacks show Moscow 'despises diplomatic efforts of partners’

03.04.2025 General