Oil

Oil spikes as hospital blast amplifies Middle East tensions

18.10.2023 - 13:21

Oil prices surged nearly 2% on Wednesday as tension escalated in the Middle East after hundreds were killed in a blast at a Gaza...

Oil prices ease as investors assess risks of Israel-Hamas war

16.10.2023 - 11:38

Oil prices slipped on Monday after surging last week, with investors waiting to see if the Israel-Hamas conflict draws in other countries - a...

OMV Petrom’s Q3 hydrocarbon output drops

09.10.2023 - 15:05

The hydrocarbon production of Romania's top oil and gas group OMV Petrom dropped to 113.5 thousand barrels of oil equivalent (kboe) per day in...

OPEC boosts oil demand forecast to 2045 despite climate crisis

09.10.2023 - 12:08

OPEC raised its world oil demand forecasts for the medium and long term in an annual outlook, and said $14 trillion of investment is...

Russia lifts ban on most diesel exports

06.10.2023 - 11:24

Russia's government said on Friday it had lifted a ban on pipeline diesel exports via ports, removing the bulk of restrictions installed on September...

Oil up after OPEC+ maintains output cuts but shaky demand caps gains

05.10.2023 - 11:38

Oil prices inched up on Thursday, clawing back some of the previous session's big losses after an OPEC+ panel maintained oil output cuts to...

Russia reiterates plan to curb oil exports through december

04.10.2023 - 12:40

Russia will maintain its 300,000 barrel-a-day cut in crude exports this month and reaffirmed plans to keep them curbed through the end of the...

OPEC+ shows no sign of easing oil squeeze as ministers meet

03.10.2023 - 13:57

As OPEC+ ministers prepare to review global oil markets, the group is showing no signs of cooling a rally that brought prices near $100...

Bulgaria set to ban Russian oil in blow to Lukoil refinery

28.09.2023 - 13:14

Bulgarian lawmakers are set to vote Thursday on ending imports of Russian crude, bringing the country in line with other European Union members, according...