Ukraine’s military described St Petersburg’s oil terminal as “one of the largest” in Russia [Zelenskiy / Official] A major oil terminal in Russia’s north-wester... Read more

By Anushree Mukherjee July 6 (Reuters) – Oil prices fell on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the ‌Strai... Read more

By Dmitry Zhdannikov, Robert Harvey and Ahmad Ghaddar LONDON, July 6 (Reuters) – The world has absorbed with surprising ease the loss of over a billion barrels of oil supply since the... Read more

South Korean prosecutors on Monday indicted four major domestic oil refiners for violating fair trade laws. Steve Allen | Brand X Pictures | Getty Images South Korean prosecutors on Monday i... Read more

World’s top crude importer, China, has not been enthusiastic about oil purchases. Oil supply is also expected to increase following OPEC+ agreement to add 188,000 barrels a day to thei... Read more

Oil prices inched lower on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of Hormuz are recovering, potentially... Read more

NEW YORK (AP) — A handful of countries in the OPEC+ oil-producing alliance plan to increase their outputs modestly next month, which would bring more oil online after fuel prices have fallen... Read more

OPEC logo and Iraqi flag are seen in this illustration taken June 25, 2026. Dado Ruvic | Reuters OPEC+ is set to agree on ​Sunday to another increase in output targets ​from August, sources... Read more

The fuel shortage ravaging Russia has forced motorists around the country to wait in endless lines to fill up, evoking memories of communist-era privation. Ukraine’s months-long campaign of... Read more

A Ukrainian drone attack struck an oil terminal in St. Petersburg on Saturday, Russian officials said, as Kyiv presses on with bombardment of Russia’s oil infrastructure. Almost daily long-r... Read more