The Russian Ministry of Energy named the reasons for the rise in the price of gasoline at gas stations. The increase in the cost of petroleum products in retail in the first week of March...

The price of AI-92 gasoline increased at the auction on March 12 to 55.75 thousand rubles per ton, breaking the historical record in May 2018. During the trades, the cost of the AI-92 jumped by...

OPEC has improved its forecast for oil demand in 2021. It is expected to increase by 5.9 million barrels per day (to 96.27 million). This is 100 thousand barrels per day more than predicted before....

Oil exports from Russia in January in monetary terms fell by 42.8 percent compared to last year (to $5.708 billion), physical exports fell to 15.849 million tons (minus 27.1 percent). Sales of petroleum products increased...

Vår Energi company (owned by Eni and Hitec Vision) has found new oil reserves on the shelf of the Barents Sea in Norway. This is stated on the resource Eni. According to preliminary estimates, the...