(VOVWORLD) - Saudi Arabia and other OPEC+ states agreed to bring forward oil production rises to offset Russian output losses to ease surging oil prices and inflation
(VOVWORLD) -The European Union’s sanctions against seaborne imports of Russian oil will be imposed with a phase-in period of six months for crude oil and eight months for refined...
(VOVWORLD) - European Union leaders handed Hungary concessions to agree an oil embargo on Russia over its military operation in Ukraine, sealing a deal in the early hours of Tuesday that aims...
(VOVWORLD) - More than 100 people were killed overnight in an explosion at an illegal oil refining depot in Nigeria’s Rivers state, a local government official and an environmental group...
(VOVWORLD) - Russia's Foreign Minister says some progress has been made at peace talks with Ukraine and that Moscow is preparing its response to Ukrainian proposals
(VOVWORLD) - The International Energy Agency’s 31 Member Countries agreed on Friday to a new release of oil from emergency reserves in response to the market turmoil caused by Russia’s...
(VOVWORLD) - The United Nations and the US Ambassador to Libya on Monday urged an armed group to lift its blockade of two major oil fields amid a mounting political crisis
(VOVWORLD) - President Vladimir Putin has unveiled new Russian oil and gas deals with China worth an estimated 117.5 billion USD, promising to ramp up Russia’s Far East exports
(VOVWORLD) - Benchmark oil prices climbed to their highest level since 2014 on Tuesday as possible supply disruption after attacks in the Mideast Gulf added to an already tight supply outlook
(VOVWORLD) - US President Joe Biden on Tuesday ordered 50 million barrels of oil released from the US strategic reserve to help bring down energy costs
(VOVWORLD) - The Organization of the Petroleum Exporting Countries (OPEC) and its allies met on Monday to debate how much oil to release into the red hot market, where supply disruptions...
(VOVWORLD) - The White House on Wednesday urged OPEC and its partners (known as OPEC+) to boost oil production to ease rising gasoline prices, saying rising inflation might derail the current economic...
(VOVWORLD) - The Organization of Petroleum Exporting Countries and its allies, known as OPEC+, reached a deal on Sunday to slightly increase oil production, beginning next month
(VOVWORLD) - The United Arab Emirates (UAE) and the Organization of the Petroleum Exporting Countries (OPEC) have reached an agreement, whereby the basic production of the UAE will be increased to 3...
(VOVWORLD) - A cargo ship laden with chemicals sank Wednesday after nearly two weeks ablaze off the west coast of Sri Lanka, worsening fears of an environmental disaster
(VOVWORLD) - Oil prices slipped from multi-month highs on Monday after the Organization of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, could not decide on whether or not...
(VOVWORLD) - The Organization of Petroleum Exporting Countries (OPEC) and its allies have agreed to extend oil production cuts until the end of July that have helped bolster oil prices since...
(VOVWORLD) -The price of oil traded on Asian markets fell Monday after a sharp increase last week as countries eased business and social lockdowns imposed to cope with the coronavirus...
(VOVWORLD) - Oil producing countries may have to cut output more than the already record amount to tackle an “unprecedented” slump in prices, Iranian Oil Minister Bijan Zanganeh said on...
(VOVWORLD) - G20 members decided to take a more active role to stabilize the oil market following an online conference chaired by Saudi Arabia on April 11, but did not make...