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Oil Market
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,...
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...
Putin and Xi reaffirm strategic partnership in New Year video talks
MOSCOW (Realist English). Russian President Vladimir Putin held a video conference with Chinese President Xi Jinping on February 4, marking...
Pompeo hints at US involvement in unrest and attacks in Iran
TEL AVIV (Realist English). Former US secretary of state and ex-CIA director Mike Pompeo has made a rare public statement...
Khamenei warns of regional war amid US military build-up in the Gulf
TEHRAN (Realist English). Iran’s Supreme Leader Ali Khamenei warned on Sunday that any US attack on the Islamic Republic would...
Trump warns Iran as US carrier group moves closer, raising fears of imminent military clash
WASHINGTON (Realist English). The risk of open conflict between the United States and Iran intensified after US President Donald Trump...
Star Wars without fiction: how space became the next battlefield
MOSCOW (Realist English). “Star Wars” stopped being science fiction long ago. Unfortunately, over ten thousand years of civilisation, humanity has...
Dadivank: The Legacy of Christ’s Apostles in Artsakh
YEREVAN (Realist English). In Artsakh, before the ethnic cleansing and forced deportation – simply put, genocide – carried out by...
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...
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