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Oil Market
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...
Weatherford expands Russia operations despite U.S. sanctions pressure
HOUSTON (Realist English). U.S. oilfield services group Weatherford International has deepened its presence in Russia despite sweeping sanctions aimed at...
Iran war exposes global reliance on fragile energy routes
LONDON (Realist English). The war involving Iran has exposed the global economy’s dependence on vulnerable fossil fuel supply routes, intensifying...
Taiwan fears US weapons use in Iran could aid China
TAIPEI (Realist English). Taiwan has raised concerns that extensive US use of long-range cruise missiles in the war involving Iran...
Strait of Hormuz disruption sends shockwaves through global trade
LONDON (Realist English). Escalating military tensions around the Strait of Hormuz are rapidly disrupting global shipping and energy markets, as...
Iran war puts Vice President JD Vance in difficult political position
WASHINGTON (Realist English). The ongoing war with Iran has placed US Vice President JD Vance in a politically sensitive position,...
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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