OPEC

Intergovernmental oil organization

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China sets a new record for Russian oil imports in 2024

Oil imports from Russia to China increased by 1% to reach a record 108. 5 million tons in 2024. At the same time, supplies from Saudi Arabia fell by 9%, and total oil imports to China decreased by 1.9%.

Economy • January 20, 10:05 AM • 70337 views

Russian oil delivery to China triples in price after new US sanctions - Bloomberg

Rates for the transportation of ESPO oil from Russia to China increased from $1. 5 million to $5-5.5 million. US sanctions have affected tankers transporting Russian oil and led to vessel demurrage off the coast of China.

Economy • January 16, 02:49 PM • 33787 views

Oil falls in price after hitting a multi-month high: what's happening on the market

Brent and WTI crude oil prices fell by 0. 5% after reaching multi-month highs. Falling US oil inventories and new sanctions against Russia are affecting the global market.

Economy • January 16, 11:53 AM • 22774 views

The EU is preparing sanctions against Russia without the veto power of Hungary and Slovakia

For the first time, the European Commission plans to impose sanctions against Russia without taking into account the vetoes of individual countries. Decisions on sanctions will be made by a qualified majority, not unanimously.

Economy • January 15, 04:08 PM • 78023 views

Uncertainty over impact of sanctions limits oil price gains - Reuters

Brent and WTI oil prices rose amid US sanctions against Russian tankers. The IEA warns of possible supply disruptions, and OPEC predicts an increase in oil demand by 2026.

Economy • January 15, 02:21 PM • 33621 views

India to abandon oil tankers hit by new US sanctions over transportation for Russia - Bloomberg

India plans to ban the unloading of oil tankers that have been sanctioned by the United States for transporting Russian cargo. The country will look for alternative oil suppliers from the Middle East and other regions.

Economy • January 13, 02:30 PM • 34223 views

New US sanctions against Russia push oil prices to a 4-month record

Brent crude oil exceeded $81 per barrel after the US imposed sanctions on the Russian energy sector. China and India are urgently looking for alternative sources of oil supply.

Economy • January 13, 07:24 AM • 29113 views

Kazakh company offers $1 billion to buy Russian refinery in Bulgaria

KazMunayGas proposes to buy Bulgaria's only oil refinery from Russia's Lukoil. The deal could strengthen the position of Kazakh oil in Europe and double the company's refining capacity in the region.

News of the World • January 10, 07:43 AM • 22724 views

Oil rises on tighter OPEC supply, US jobs data

Brent and WTI crude oil prices have risen amid declining supplies from Russia and OPEC countries. Analysts predict a decline in oil prices in 2025 compared to 2024.

Economy • January 8, 08:01 AM • 23363 views

India's oil refining giant increases oil imports from the Middle East amid slowdown in Russian supplies

Bharat Petroleum Corp is looking for alternative oil supplies from the Middle East due to the reduction in Russian imports. India's purchases of Russian oil have fallen to their lowest level since December last year due to tighter sanctions.

Economy • December 31, 09:58 AM • 21107 views

Oil prices rise by 1% before the holidays

Brent crude rose to $73. 58 and WTI to $70.10 per barrel due to expectations of a reduction in supplies. Analysts predict stable prices and rising demand in the coming months amid Chinese stimulus.

Economy • December 25, 09:28 AM • 17389 views

Oil exports from Russia fell by 11%: what is happening to the “shadow fleet”?

Russia's maritime oil exports fell to 3. 06 million barrels per day due to terminal repairs and sanctions pressure. Two-thirds of Russia's “shadow fleet” tankers are idle at ports due to tighter Western sanctions.

Economy • December 17, 05:30 PM • 29604 views

Oil price rises amid falling regime in Syria-Reuters

Brent and WTI oil prices rose 0. 5% due to political tensions following the overthrow of the Assad regime in Syria. Saudi Aramco is cutting prices for Asia due to weak demand, while OPEC+ is delaying production increases until April 2025.

News of the World • December 9, 07:40 AM • 16563 views

Russian seaborne oil exports fall to two-month low - Bloomberg

Russia's maritime oil exports fell by 150,000 barrels per day by November 24. The largest decline occurred in Russia's western ports, where shipments fell by 25% compared to last month.

Economy • November 26, 09:52 AM • 17116 views

Oil prices stabilize after a 6% rise over the week

Oil prices have stabilized after a 6% rise last week due to tensions between the West, Russia and Iran. Brent is trading at $74.91, WTI at $70.89 per barrel.

Economy • November 25, 11:58 AM • 16967 views

Saudi prince to miss G20 summit: Putin's absence and Biden's term ending may have influenced this - Bloomberg

Mohammed bin Salman will not attend the G20 summit in Rio de Janeiro due to a chronic ear canal disease. The decision could also be influenced by Putin's absence and the end of Biden's presidency.

News of the World • November 16, 12:58 PM • 22305 views

Oil prices fall amid weak demand in China

Brent and WTI crude oil fell by 0. 9% due to weak demand in China and a 4.6% decline in refining. The IEA predicts an excess of supply over demand by 2025, despite the OPEC+ cuts.

Economy • November 15, 06:28 AM • 17247 views

Russia boosts oil exports as supplies from Arctic increase - Bloomberg

Russian oil exports rose to 23. 96 million barrels in the week to November 10. Increased shipments through the Arctic port of Murmansk offset a drop in exports through Kozmino.

News of the World • November 12, 03:18 PM • 17532 views

Oil prices rise after OPEC+ decision to postpone production increase - Reuters

OPEC+ postponed the increase in oil production for a month, which led to a rise in Brent and WTI prices by more than $1. The market is awaiting the US elections and the Fed's interest rate meeting.

Economy • November 4, 08:43 AM • 21394 views

Oil prices have risen sharply due to a possible Iranian attack on Israel

Brent and WTI crude oil rose by more than $1 due to reports that Iran is preparing to strike Israel from Iraq. Prices were also affected by expectations that OPEC+ would postpone production cuts.

Economy • November 1, 09:54 AM • 18737 views

russian crude oil exports grow for the second week in a row

russian offshore oil exports rose by 120,000 barrels per day for the second week in a row. Total exports reached 24.79 million barrels, with a four-week average of 3.41 million barrels per day.

Economy • October 29, 03:34 PM • 22113 views

Oil steadies after fall as Middle East uncertainty persists

Futures for Brent and WTI rose slightly after falling by 4%. Experts point to uncertain price prospects due to geopolitical tensions and weak demand forecasts.

Economy • October 16, 01:57 PM • 14253 views

Sri Lanka has applied to join the BRICS

The island nation of Sri Lanka has announced its application to join the BRICS. The application will be officially submitted during the BRICS summit in Kazan on October 23-24.

News of the World • October 14, 05:04 PM • 16290 views

Oil falls in price: prospects for additional supplies offset concerns about the Middle East

Brent and WTI futures fell by 0. 7-0.8% due to a better supply outlook and weak demand growth. The escalation of the conflict in the Middle East and the possible resumption of production in Libya also affected the market.

Economy • October 1, 01:27 PM • 17957 views

Russian crude oil exports fell to almost 1.8 million barrels per day last month - media

Russian crude oil exports from key western ports fell to a 19-month low in July, which led to an overall decline in marine oil flows worldwide.

Economy • August 2, 05:52 PM • 43988 views

Azerbaijan started supplying gas to Slovenia instead of Russia

Slovenia has become the sixth European country to import gas from Azerbaijan. On August 1, Azerbaijani gas from the Shah Deniz field began to flow to Slovenia under a memorandum between SOCAR and Geoplin.

News of the World • August 2, 12:29 PM • 27088 views

russia has reduced its oil production rate amid OPEC+ production cuts

russian oil companies have reduced drilling rates by 2. 5% compared to last year due to OPEC+ production cuts. russia is implementing two sets of cuts, but still produces more oil than agreed.

Economy • August 2, 07:39 AM • 18947 views

Oil recovers in price after killing of Hamas leader in Iran, but data from China limits growth

Brent and WTI crude oil futures rose by $2 after the assassination of the Hamas leader in Iran. The rise in prices came despite concerns about weak demand in China and expectations about OPEC+ decisions.

Economy • July 31, 02:44 PM • 34161 views

Putin spoke with the Prince of Saudi Arabia: they discussed cooperation in trade and energy spheres

Putin had a telephone conversation with the Prince of Saudi Arabia. The parties discussed cooperation in the political, trade, economic and energy spheres, emphasizing the importance of coordination within the framework of OPEC+.

News of the World • July 18, 08:23 AM • 17603 views

A Selection of Films About the Life of Jesus Christ: 9 Movies Based on the Most Famous Biblical Story

The State Statistics Service reported how much the prices for Easter cake ingredients have increased in a year

Easter 2025: where and when to watch the online broadcast of church services

President Zelenskyy imposes sanctions against Kremlin propagandists and manufacturers of Iskander missiles: who is on the list

The European Business Association calls on the authorities to strengthen the fight against "gray" imports of equipment

The Ombudsman will consider the complaint of the head of the anti-corruption committee against ARMA for concealing information

The Holy Fire: truth or falsehood, where to watch the broadcast

The US is ready to stop trying to make peace between Ukraine and Russia if there is no progress - Rubio

Easter services in Kyiv: where residents of the capital will be able to consecrate Easter bread

Russia's response regarding peace in Ukraine will be this week - Trump

The elements are out of control in northern Italy: at least three people have died due to heavy rainfall

Trump named the condition under which the US can withdraw from negotiations on ending the war in Ukraine

No-fly zone introduced over Sandringham Palace after Zelenskyy's visit

Fire on the Sumy-Kyiv train: rescuers revealed details and showed photos of the burned carriage

Occupiers struck energy infrastructure in Sumy Oblast, part of the region is without power

A Selection of Films About the Life of Jesus Christ: 9 Movies Based on the Most Famous Biblical Story

Easter services in the Vatican: how Catholics celebrate the Resurrection

Enrollment in first grades for the 2025-2026 academic year: what you need to know

The Holy Fire: truth or falsehood, where to watch the broadcastExclusive

Easter services in Kyiv: where residents of the capital will be able to consecrate Easter bread

Volodymyr Zelenskyy

Donald Trump

Marco Rubio

Charles III

Rustem Umerov

Ukraine

United States

Kharkiv

Kyiv

United Kingdom

Taras Tsymbalyuk will become the main character of the show "The Bachelor"

Netflix will improve search with AI

"Star Wars" animated series about Darth Maul will be released next year

Jennifer Lopez to star in "The Last Mrs. Parrish"

"Looks happier with her than with Hailey": fans reacted to Justin Bieber kissing rapper Sexyy Red

9K720 Iskander

Unmanned aerial vehicle

MIM-104 Patriot

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