OPEC countries plan to increase oil production by 188,000 barrels per day
Seven OPEC+ members have agreed to boost oil output by 188,000 bpd in August
Russian Oil
Kremlin comments on possibility of fuel imports into Russia
Discussions with other countries on potential fuel imports was the main topics of Tuesday’s briefing by Kremlin Spokesman Dmitry Peskov.
Oil prices may exceed 150 dollars - Sechin
Global oil prices could rise by another approximately $100 per barrel under new restrictions on Russian oil and exceed $250 per barrel, Executive Secretary of the presidential commission on fuel and energy sector development strategy and environmental security and Rosneft CEO Igor Sechin said.
EU may impose sanctions against Lukoil and Rosneft - report
The European Union is considering imposing new restrictive measures against Russian companies Lukoil and Rosneft as part of preparations for the 21st sanctions package, Politico reported, citing documents related to negotiations on sanctions policy.
EU seeks to freeze Russian oil price cap - media
According to media reports, the EU's price cap on Russian oil may be frozen amid the ongoing blockade of the Strait of Hormuz.
UK eases sanctions on Russian oil
Following Washington's example, the UK has loosened restrictions on Russian oil due to the tensions in the Strait of Hormuz.
US temporarily easing sanctions against Russian oil
The USA government has opted to temporarily ease sanctions on Russian oil in response to the necessity of stabilizing the energy market.
Deep crisis seen on global oil market - Novak
The global oil market is experiencing a deep crisis, with large volumes of oil not reaching the market, Russian Deputy Prime Minister Alexander Novak said.
Oil deliveries to Slovakia via Druzhba pipeline resume
Oil has resumed flowing through the Druzhba pipeline to Slovakia after a three-month shutdown, Slovak Economy Minister Denisa Sakova said.
Cuba may receive new oil supplies from Russia
Russia is ready to consider new oil supplies and other support steps for Cuba, if necessary, Russia's Deputy Foreign Minister Alexander Pankin said.
US extends partial easing of sanctions on Russian and Iranian oil
Washington has prolonged the partial easing of sanctions on Russian and Iranian oil as problems in the Strait of Hormuz remain unresolved.
Ukraine to resume Russian oil supplies to EU
Ukraine will resume transit of Russian oil to Hungary via the Druzhba pipeline at noon on April 21, Hungarian Minister for European Union Affairs Janos Boka said.
Georgia sets record for oil purchases from Russia
The volume of Russian oil purchased by Georgia last month reached a historic high. This figure had never been recorded before.
Russian oil exports to China up 31 percent
Russia’s crude oil supplies to China have increased by 31% in Q1 2026 year-on-year to 31.86 mln tons, according to figures released by the General Administration of Customs of China.
Washington to resume sanctions on Russian oil after Iran deal
The U.S. administration plans to resume its sanctions against Russian oil after it is no longer necessary to lower energy prices amid the developments around Iran, U.S. Secretary of Energy Chris Wright said.
US allows sales of Russian oil until May 16
The United States renewed a waiver allowing countries to buy Russian oil until May 16, according to a general license published on the OFAC website of the U.S. Treasury Department.
Russian and Iranian oil to remain subject to sanctions - US Treasury Department
Acording to the US Treasury Secretary, Russiain and Iranian oil will remain subject to sanctions, without any exceptions.
US sanctions on Russian oil back - report
U.S. sanctions on Russian oil are back on after the U.S. administration let a waiver expire this weekend, Politico reported.
EU should rebuild Nord Stream 2 at own expense - Dmitriev
Special presidential envoy and Russian Direct Investment Fund (RDIF) CEO Kirill Dmitriev urged UK and EU officials to acknowledge their mistakes and resume purchasing and using Russian oil and gas.
US may continue easing sanctions against Russia
The United States confirmed during talks with representatives of allied countries its intention to continue the process of easing sanctions on Russian oil amid rising global prices, Bloomberg reported citing sources.
