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Image for Serbia's president says Russia seeking partner for US-sanctioned NIS oil firm
Finance

Serbia's president says Russia seeking partner for US-sanctioned NIS oil firm

BELGRADE (Reuters) -Russia is seeking partners for U.S.-sanctioned Serbia-based oil company NIS in a...

5th November, 2025

Image for Oil settles down more than 1% at 2-week lows on fears of glut
Finance

Oil settles down more than 1% at 2-week lows on fears of glut

By Enes Tunagur LONDON (Reuters) -Oil prices edged higher on Wednesday as investors digested U.S. in...

5th November, 2025

Image for Exclusive-Russia's Tuapse halted fuel exports after drone attacks, refinery stopped, sources say
Headlines

Exclusive-Russia's Tuapse halted fuel exports after drone attacks, refinery stopped, sources say

MOSCOW (Reuters) -Russia's Black Sea port of Tuapse has suspended fuel exports, while the local oil...

5th November, 2025

Image for Unprecedented volume of oil stored on ships due to Western sanctions, Gunvor CEO says
Headlines

Unprecedented volume of oil stored on ships due to Western sanctions, Gunvor CEO says

By Yousef Saba ABU DHABI (Reuters) -Western sanctions on Russia and Iran are creating record volumes...

5th November, 2025

Image for HSBC expects OPEC+ oil quota increases to accelerate later in 2026
Finance

HSBC expects OPEC+ oil quota increases to accelerate later in 2026

(Reuters) -HSBC expects OPEC+ to accelerate oil output quota increases in the second and third quart...

4th November, 2025

Image for TotalEnergies forecasts rising oil demand until 2040 as energy transition slows
Headlines

TotalEnergies forecasts rising oil demand until 2040 as energy transition slows

By America Hernandez PARIS -French oil major TotalEnergies sees global oil demand rising through 204...

4th November, 2025

Image for Lukoil's overseas network buckles as Western sanctions bite
Headlines

Lukoil's overseas network buckles as Western sanctions bite

LONDON (Reuters) -Iraq has cancelled the loading of three crude oil cargoes from Lukoil in November,...

4th November, 2025

Image for Gunvor CEO Tornqvist: Lukoil assets won't be sold back, Bloomberg News reports
Headlines

Gunvor CEO Tornqvist: Lukoil assets won't be sold back, Bloomberg News reports

(Reuters) -Commodities trader Gunvor Group is prepared to satisfy any concerns about continued Russi...

4th November, 2025

Image for BP profit beats expectations, but no news on Castrol sale
Finance

BP profit beats expectations, but no news on Castrol sale

By Shadia Nasralla and Stephanie Kelly LONDON (Reuters) -Oil major BP reported a smaller than expect...

4th November, 2025

Image for Kazmunaygaz, sanctioned Russia's Lukoil continue work on joint projects, Interfax reports
Headlines

Kazmunaygaz, sanctioned Russia's Lukoil continue work on joint projects, Interfax reports

(Reuters) -Kazakhstan's Kazmunaygaz and the sanctioned Russian Lukoil continue work on joint project...

4th November, 2025

Image for Oil settles lower on stronger dollar, fears of oversupply
Headlines

Oil settles lower on stronger dollar, fears of oversupply

(Reuters) -Oil prices were little changed early on Tuesday as markets weighed OPEC+'s decision to pa...

4th November, 2025

Image for Russian push for OPEC+ action pause met no Saudi resistance, sources say
Headlines

Russian push for OPEC+ action pause met no Saudi resistance, sources say

By Dmitry Zhdannikov, Alex Lawler and Ahmad Ghaddar LONDON (Reuters) -The decision by OPEC and its a...

3rd November, 2025