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Oil Market
ExxonMobil beats forecasts for sixth straight quarter, fueled by Guyana expansion
HOUSTON (Realist English). ExxonMobil Corp. has once again surpassed Wall Street expectations, posting stronger-than-expected third-quarter results on the back of...
Oil majors face investor backlash as falling crude prices force cuts to buybacks and spending
LONDON (Realist English). The world’s biggest oil companies are being forced to make difficult financial choices as falling crude prices...
Opec+ agrees modest output hike after market jitters over larger increase
VIENNA (Realist English). Opec+ has agreed to raise oil production by a modest 137,000 barrels per day starting in November,...
Oil prices extend losses on OPEC+ output outlook and Kurdistan export restart
SINGAPORE (Realist English). Oil prices fell for a second consecutive session on Tuesday, pressured by expectations of a fresh OPEC+...
Oil prices stay firm despite forecasts of global surplus
LONDON (Realist English). Predictions of a major oil glut have so far failed to depress global prices, with Brent crude...
Chevron moves to boost Israeli gas supplies to Egypt amid soaring demand
MILAN (Realist English). Chevron Corp. is working to expand Israeli natural gas supplies to Egypt, as the North African nation’s...
ConocoPhillips CEO admits acquisitions hurt competitiveness as mass layoffs loom
HOUSTON (Realist English). ConocoPhillips chief executive Ryan Lance acknowledged on Thursday that the U.S. oil and gas producer’s aggressive acquisition...
ConocoPhillips to cut up to 25% of global workforce amid falling oil prices
HOUSTON (Realist English). ConocoPhillips announced plans to reduce its global workforce by 20–25% — equivalent to 2,600–3,250 jobs — by...
Goldman Sachs forecasts Brent crude to drop to low $50s by late 2026
LONDON (Realist English). Goldman Sachs expects Brent crude oil prices to fall to the low $50s per barrel by the...
Japan weighs expanding defense budget to include space and infrastructure projects
TOKYO (Realist English). Japan is considering a significant expansion of what qualifies as defense-related spending, potentially counting space, infrastructure, and...
Putin convenes Security Council over Trump’s call to resume U.S. nuclear testing
MOSCOW (Realist English). Russian President Vladimir Putin chaired an emergency meeting of the Security Council on Friday to discuss Washington’s...
Putin appoints Vitaly Korolyov as acting governor of Tver region
MOSCOW (Realist English). Russian President Vladimir Putin has appointed Vitaly Korolyov as acting governor of the Tver region, according to...
OPEC+ halts planned output hikes amid fears of oil glut in early 2026
VIENNA (Realist English). The OPEC+ alliance has decided to pause its oil production increases in the first quarter of 2026,...
An unusual phenomenon at the Church of the Holy Savior in Shushi
YEREVAN (Realist English). In the distant year 1979, as a third-year university student, I used to visit the Church of...
War with Iran seen as inevitable, Armenia warned of looming regional storm
YEREVAN (Realist English). The war with Iran is drawing ever closer. And once again, this pulls Armenia into a zone...
Putin, Trump and Zelensky: is a trilateral meeting necessary?
MOSCOW (Realist English). Although more than a week has passed since the meeting between Russian President Vladimir Putin and U.S....
Russia’s elite: from Soviet nomenklatura to state corporations
MOSCOW (Realist English). The specificity of the Russian elite is defined by the nature of its origins: it grew out...
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