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...

At least once, 37 percent of American investors have bought stocks or bonds based on Elon Musk's Twitter posts. This is evidenced by data from a survey conducted by the research company Piplsay. 16 percent...

The Russian government decided to meet the oil industry halfway and adjust the damper mechanism in the fuel market. The prices included in it will be indexed in accordance with the level of actual growth...