Biden authorizes release of 1 mn barrels of oil per day

Washington [US], April 1 (ANI): In order to keep oil prices under control, US President Joe Biden on Thursday (local...

US to boost domestic oil output by 1mn barrels per year

Washington [US], March 24 (ANI/Sputnik): US oil producers will increase domestic supply by a million barrels a year...

IEA releases plan to cut oil use by 2.7 million barrels per day

Paris [France], March 18 (ANI): The International Energy Agency (IEA) has urged governments to urgently implement...

US oil output seen near record high in 2023, averaging 13Mln...

Washington [US], March 9 (ANI/Sputnik): US oil output is expected to return to a near record high averaging 13...

World oil demand in 2022 will grow by 4 million bpd: Russian...

Moscow [Russia], December 29 (ANI/Sputnik): World oil consumption is expected to grow by 4.5-5 million barrels per...

Centre to release 5 million barrels crude oil from strategic...

New Delhi [India], December 13 (ANI): The government has agreed to release 5 million barrels of crude oil from its...

US announces first sale of 18mn barrels from strategic oil...

Washington [US], December 11 (ANI/Sputnik): The Energy Department announced the first sale of 18 million barrels of...

Trump blasts Biden's decision to release oil from US...

Washington [US], November 23 (ANI/Sputnik): Former US President Donald Trump on Tuesday slammed President Joe...

India plans to release about 5 million barrels of crude oil...

New Delhi [India], November 23 (ANI): India plans to release about five million barrels of crude oil from strategic...

World oil demand growth revised by some 0.16 mn bpd: OPEC

Vienna [Austria], November 11 (ANI/Sputnik): OPEC on Thursday revised the world oil demand growth forecast and...

OPEC maintains 2021, 2022 forecasts for Russia's liquids...

Moscow [Russia], November 11 (ANI/Sputnik): The Organization of the Petroleum Exporting Countries (OPEC) maintained...

OPEC+ committee advises alliance not to accelerate oil...

Vienna [Austria], November 4 (ANI/Sputnik): The OPEC+ committee recommended the alliance not to accelerate the...