Oil prices have begun rebounding amid signs of easing U.S.-China tensions and a surprise dip in U.S. inflation.

MOSCOW, May 14. /TASS/. Oil production by the eight OPEC+ countries, which voluntarily reduce oil production, totaled 30.807 million barrels per day (bpd) in April, which is 475,000 bpd above the ...

Despite pledges to increase production, OPEC+ saw a decline in collective output in April, driven by shortfalls in sanctioned ...

The United States and the Kingdom of Saudi Arabia are strengthening their strategic ties by formalising two major agreements ...

Citing figures from the analytics firm Kpler, OPEC reported that Russia accounted for 36% of India’s total oil imports in March, compared with 31% the previous month. Iraq was the second-largest ...