OPEC+ is expected to approve a modest oil production hike in its upcoming meeting, aiming to regain market share amid global supply changes and US sanctions on Russia. Analysts predict a rise of ...

OPEC+8 announces a 137,000 bpd increase in oil production for December while suspending output hikes for the first quarter of 2026, citing market uncertainties and geopolitical factors.

The eight key members of the OPEC+ alliance, including Saudi Arabia and Russia, on Sunday said they had agreed a further slight hike to their oil production.

Shares lower; Westpac profit down on ‘persistent competition’ for lending; Healthscope pays all deferred rent to HealthCo ...

The cushion could protect the country from any short-term supply disruptions related to new U.S. sanctions on Russian crude.

Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to agree to further hike oil production in a virtual ...

Order book and fleet age -- Order book size has remained stable in recent months at around 16% of the existing fleet; 344 mid-sized tankers (20% of the fleet) are now aged twenty years or older as of ...

MOSCOW, October 31. /TASS/. Moscow has expanded its entry-ban list of officials from EU countries and institutions in response to the European Union’s 19th package of sanctions, the Russian Foreign ...

The Pentagon has given the White House the green light to provide Ukraine with long-range Tomahawk missiles after assessing ...

Exxon Mobil logged lower profit in the third quarter, hurt by weaker oil prices and higher costs, despite increasing production at two important oil fields. The oil and gas company on Friday posted a ...

At a secret location in rural Ukraine, columns of attack drones are assembled at night and in near silence to strike deep ...