Saudi Arabia and Russia are extending cuts to the amount of oil they pump to the world in a bid to prop up prices, showing how...
Saudi Arabia and other OPEC+ oil producers on Sunday announced further cuts in their production amounting to around 1.16 million barrels per day in a surprise...
HOUSTON, March 6(Reuters) – Exxon Mobil Corp (XOM.N) hopes to get Nigerian government approval to allow the stalled sale of its shallow water oil production operations...
The Saudi-led OPEC oil cartel and allied producers including Russia did not change their targets for shipping oil to the global economy amid uncertainty about the impact of new Western...
ABUJA, Oct 6 (Reuters) – Officials in Nigeria discovered an illegal connection line from one of its major oil export terminals into the sea that had...
After weeks of a paying a premium for gasoline, drivers in some Canadian cities saw relief at the pumps. Heading into the weekend Vancouver experienced one...
State of the Union is our weekly show from where Euronews brings you the top stories from around Europe. This week, attempts to bring Russia to...
Members of the Organisation of Petroleum Exporting Countries and their Russia-led allies on Wednesday agreed on a major cut in oil production. The decision was reached...
The 13-nation OPEC cartel and its 10 Russian-led allies agreed to reduce two million barrels per day from November at a meeting in Vienna, said Iran’s...
Brent, the global benchmark for crude, appreciated in price on Monday. This is as the Organisation of Petroleum Exporting Countries and its allies consider an oil...