Due to higher oil prices, Saudi Aramco announced a record net profit of $48.4 billion for the second quarter of the year, a 90% increase over the same period last...

Following a four-hour discussion, the presidents of Russia and Turkey, Vladimir Putin and Tayyip Erdogan, decided to strengthen their collaboration, according to a joint statement from the two countries. Deputy...

According to a Bloomberg report, Russian oil has been selling at a significant discount to Saudi crude, and as a result, Russia's share of the Indian oil market is increasing...

Saudi Arabia, the most active producer and exporter of oil in OPEC, has increased the official selling price of its crude grades for September loadings to its most important market,...

The OPEC+ group approved raising their oil production targets for September by 100,000 bpd as suggested by the Joint Ministerial Monitoring Committee (JMMC), which met earlier today. Before the meeting...

According to Bloomberg data published on Monday, which consistently shows a level of 500,000 barrels per day less than the peak attained before February 2022, Russia's oil shipments appear to...

According to H.E. Haitham al-Ghais, the new Secretary-General of OPEC, Russia is "a big, main and highly influential player in the world energy map." Al-Ghais also agreed with Saudi Arabia...

Russian Gazprom and the National Iranian Oil Company have signed a $40 billion agreement for the development of oil and gas fields in advance of Russian President Vladimir Putin's visit...

PREPARING FOR EXCELLENCE Like most things in life, a good foundation almost always guarantees a successful completion. The extra care given to building up a process or project manifests in...

When Goldman Sachs strategists Damien Courvalin and Jeffrey Currie put their bullish predictions under scrutiny, they identified that Brent's fair value would continue to outperform current market forwards in the...