US media: India to increase strategic oil reserves

... to consider increasing its strategic oil reserves by buying 9.2m ... its strategic hoard of crude oil, joining the US as the ... about 9.2m barrels of oil. Earlier, the Indian Government offered ... accommodate about 8m barrels of oil. At the beginning of 2023 ...

india , oil

UAE, Oman, Kuwait, Iraq and Algeria to voluntarily cut oil production

... intend to cut their crude oil production from May until the ... Sultanate will voluntarily reduce its oil production by 40,000 barrels ... it will voluntarily cut its oil production by 48,000 barrels ... cut 211,000 barrels of oil per day. The Saudi state ...

Oil , OPEC+

Poland’s Orlen to demand compensation from Russia for suspended oil and gas supplies

Polish oil refiner and operator PKN Orlen ... companies for the termination of oil and gas supplies – as noted ... purchased 200,000 tonnes of oil monthly. However, on February 27th ...

Poland , Russia , orlen , compensation , oil , gas

China discovered large oil field in Bohai Sea

China National Offshore Oil Corporation has discovered a large oil field in the ... to 100m tonnes of crude oil, RIA Novosti reports Photo: www ... .com The Bozhong 26-6 oil field is expected to produce ... 2,040 barrels of crude oil and 320 thousand cubic metres ... to China Central Television, the oil field was discovered in the ...

china , minerals , oil , deposit

New large oil field discovered in Russia

... amount to 53m tonnes of oil equivalent, RIA Novosti reports Photo ... .com The company informed that oil in the open field is ... success for the Volga-Ural oil and gas province, which is ...

russia , oil , Gazprom

Media: Russia transports record volumes of oil by sea

... of its flagship Urals brand oil by sea, rg.ru reports ... of 19m barrels of crude oil are likely to be transported ... . Due to restrictions on Russian oil imports, as well as on ... effective way to deliver Russian oil to customers and should help ...

russia , oil

Expert explained what will determine further oil price growth on world market

... forecast regarding the growth of oil prices at the moment, since ... the price of Brent crude oil, the expert noted, “No one ... important for Russia today that oil and gas prices do not ...

borovik , opinion , oil , prices

Media: Iran to limit cheap oil supplies to Syria

... is restricting supplies of cheap oil to Syria and increasing the ... asked Damascus to pay for oil in advance, rejecting new requests ... to pay more for additional oil supplies amid the onset of ... of the Iranian Union of Oil, Gas and Petrochemical Exporters, is ...

syria , iran , oil

In 2022, Russia doubled pipeline gas supplies to China

... concerned, the exports of Russian oil to China increased by 8 ...

Russia , China , gas , oil

Belorusneft to increase exploration drilling by 65% in 2023

... new deposits at the Ostashkovichskoye oil field as is indicated by ... work at the Maisko-Makeevskoye oil field. The plan for this ...

Belorusneft , oil

Swiss Investment Bank forecasts oil prices in 2023

... that the price of Brent oil will rise to $110 per ... as the redirection of Russian oil supplies and underinvestment in the ... oil industry. Moreover, the demand for ... the background of increased demand, oil production in Russia will fall ... to the market. “With OECD oil inventories standing at the lowest ... are needed to slow down oil demand growth and encourage investments ...

Oil , prices

OPEC keeps world oil demand growth unchanged for 2023

... for the growth of global oil demand in 2022 at 2 ... for the growth of global oil demand in 2023 also remained ... million barrels per day while oil supplies from non-OECD countries ... reported that OPEC’s crude oil production averaged 28.83 million ...

OPEC , oil

Zakharova reproached Western media for silence about US major oil leak

... the largest spill of crude oil in the United States over ... than 14,000 barrels of oil got into a stream in ... . That was the largest crude oil spill in the United States ...

usa , Zakharova , oil

The Hill: US and Europe to suffer historic debacle because of Russian oil price cap

... of a price ceiling for oil from the Russian Federation will ... publication, stated that the Russian oil price cap ‘has all the ... there is practically ‘no free oil left’ in the world energy ... a price ceiling for Russian oil. After lengthy negotiations, the EU ...

USA , EU , Russia , oil , price cap

Russia will stop oil supplies to countries supporting price cap

Russia will not supply oil to countries that impose a ... of the so–called Russian oil price cap is an anti ... does not intend to supply oil to countries that will join ... . Zakharova said, adding that ‘any oil–producing countries also oppose this ...

oil , Zakharova , prices

Saudi Arabian Energy Ministry says OPEC+ will remain cautious on oil production

... a cautious approach to adjusting oil production parameters – as stated by ... information supported the rise in oil prices, according to Bloomberg. “This ...

OPEC+ , Saudi Arabia , oil , prices

Russia became India’s largest crude oil supplier

... became the largest supplier of oil to India, overtaking the traditional ... delivered 946,000 barrels of oil to India daily, or 22 ... percent of all crude oil imports, RIA Novosti reports. Photo ... the total volume of crude oil imports by India increased in ... possibility of a reduction in oil imports from Russia to India ... for maritime shipments of Russian oil to third countries. It is ... introduce a price limit for oil from December 5th, 2022, ... and for oil products on February 5th, 2023 ...

Russia , India , oil

Latvia wants to change operating conditions of Russian oil pipelines

... Russia on joint operation of oil and petroleum product pipelines passing ... Russia on joint operation of oil and petroleum product pipelines passing ... Latvia on joint operation of oil and petroleum product pipelines passing ...

latvia , russia , oil

Widodo: Indonesia considering buying Russian oil

... the possibility of purchasing Russian oil against the background of soaring ... publication, Indonesia has not imported oil from Russia in significant volumes ...

Indonesia , russia , oil

OPEC+ to cut oil production by 100k barrels per day

OPEC+ decided to reduce oil production by 100,000 barrels ... .com “In view of current oil market fundamentals and the consensus ...

OPEC+ , oil

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