The global oil market remains sensitive to demand-supply fluctuations and OPEC+ nations will take additional measures to maintain its stability, Russian Deputy Prime Minister Alexander Novak said.
Hungarian Prime Minister Viktor Orbán has declared intensified opposition to EU initiatives targeting Russian gas and oil import.
India continues to import Russian oil despite Donald Trump's claims of reduced purchases, Russian Deputy Foreign Minister Andrey Rudenko confirmed.
Hungary is going to seek waivers from U.S. sanctions imposed on Russian companies that disrupt Russian oil and gas supplies to Central European countries, head of Hungarian Prime Minister Viktor Orban's Office Gergely Gulyas said.
OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after the U.S. imposed new sanctions on Russian oil majors, Kuwait's oil minister Tariq Al-Roumi said.
Indian refiners are reviewing bills of lading for Russian crude arriving after November 21 to make sure it is not coming directly from Rosneft or Lukoil, …
Russian company Russneft has supplied a first oil cargo to the newly built Kulevi oil refinery in Georgia this month, Reuters reported, citing LSEG ship-tracking data and industry sources.
A specialized committee of the European Parliament has endorsed a plan to completely ban energy imports from Russia, moving the proposal forward for further legislative debate.
U.S. President Donald Trump said that Indian Prime Minister Narendra Modi has told him he is ready to stop buying Russian oil.
Kazakh authorities have confirmed their readiness to facilitate Russian oil transit to Uzbekistan if required.
European companies are forced to pay two or three times more for energy than American ones, the Russian Foreign Ministry said.
He emphasized that there is no alternative to Russian fuel, and therefore, Hungary will continue to import it via the Druzhba pipeline
Ankara purchased approximately 1.2 mln tons of the oil
This to happen, Europe must give up Russian oil and gas
US President Donald Trump has reiterated his demand for European countries to cease purchasing Russian oil, reaffirming a position he previously expressed during discussions with European leaders several weeks ago.
Hungary has declared that rejecting Russian oil supplies remains impossible, stating that the United States shows greater understanding on this issue than the European Union.
The European Commission will not present the next package of anti-Russian sanctions on September 17 as planned, with the announcement indefinitely postponed, Politico reported, citing a European diplomat and an official from one of the bloc’s member states.
Despite strong rhetoric from Western powers, the USA and EU are unlikely to persuade Türkiye to abandon Russian oil, as the country continues to prioritize affordable energy sources, Politico reports.
US President Donald Trump is ready for tough sanctions against Russia
The eight leading OPEC+ nations, including Russia and Saudi Arabia, have decided to increase oil production by 137,000 barrels a day in view of the favorable market outlook, the OPEC said after the OPEC+ meeting.
