Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
The gap between target levels and actual production of the OPEC+ group further widened in March to over 1.4 million barrels per day (bpd) as…
Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman discussed this weekend their countries’ cooperation in the OPEC+ oil production pact in their…
The benchmark U.S. natural gas price soared by more than 7% early on Monday to hit the highest level since the second half of 2008,…
Soaring prices of liquefied natural gas (LNG) and coal on the international markets have left Pakistan, the world’s fifth-most populous nation, with having to cut…
Supported by outages in Libya and concerns about the loss of some Russian supply, oil rose early on Monday after a long weekend, returning to…
Saudi Arabia, the world’s top crude oil exporter, saw its crude exports rise in February to the highest level since the April 2020 month-long price…
Russia’s oil industry—a vital source of budget revenues—is already showing signs of slowdown as Western buyers shun Russian oil while Moscow struggles to replace lost…
Some of Russia’s natural gas customers have agreed to pay in rubles for Russian gas, Deputy Prime Minister Alexander Novak said on Friday. Last month,…
Almost 70 percent of Britons believe that not using Russian oil and gas in the UK is the right thing to do after Russia’s invasion…
A potential EU embargo on Russian oil imports may be in the works, but drafting and preparing for such a ban would likely take “several…
Higher demand for heating and record LNG exports left U.S. natural gas in storage at the end of the winter at its lowest level in…
Businesses and consumers are already feeling the impact of the rally in commodity prices of everything from crude oil to grains and metals. The year’s…
The leaders of the European Union member states are expected to discuss at their summit at the end of May the idea of jointly buying…
More spending on gasoline amid surging prices lifted U.S. retail sales in March 2022, with spending at gasoline stations up by nearly 9 percent from…
China’s refiners are expected to lower their refinery runs at the biggest scale—by 900,000 barrels per day (bpd)—since the beginning of the pandemic in 2020,…
Outbound shipments of Russian oil have yet to show signs of a major decline, as many analysts feared last month. In fact, Russia’s shipments of…
The surge in diesel and gasoline prices this year is stoking inflation and affecting many businesses. The distillate fuel crunch and high prices globally and…
As many Western buyers shun Russian oil, gas, and coal, Moscow will find new customers for its energy products both domestically and overseas, Russian President…
Chinese CNOOC, the offshore oil and gas producing giant, is getting ready to quit its businesses and assets in the U.S., the UK, and Canada,…
Global oil demand is expected to average 99.4 million barrels per day (bpd) this year, the International Energy Agency (IEA) said on Wednesday, cutting its…