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Russia’s oil production averaged 11.126 million bpd between May 1 and 26.
Read More »Russia Is Overcomplying With OPEC Production Quota
OPEC will Ink New Charter with Russia and Other Allies
The cuts had previously been agreed by Russia and OPEC kingpin Saudi Arabia at the G20 summit in Osaka last weekend.
Read More »Russia`s Energy Ministry expects consolidated decision on OPEC deal
The Russian Ministry of Energy expects that OPEC+ countries will come to a consolidated decision on Tuesday.
Read More »Russia. OPEC will Support Oil Prices
The deal removed 1.2 million barrels a day of OPEC+ production. helping to send oil prices higher.
Read More »G20 Meeting may Offer more Clarity for OPEC. Non-OPEC
China and India are among the world’s top oil consumers while Russia supplies oil to both of those nations.
Read More »Iran Interested in Russia`s Proposal for Trade. Oil Sale
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati stressed his country'.s interest in expanding mutual trade cooperation with Russia and selling its oil with the help of the Northern neighbor.
Read More »OPEC Fixes July 1-2 as Date for Its Next Meeting
The current round of quotas went into force in January and ends on June 30.
Read More »Russia. India Discuss IPI Gas Agreement
Russia is currently discussing signing a memorandum with India on the Iran-Pakistan-India (IPI) gas pipeline project.
Read More »OPEC Proposes Mid-July Meeting to Settle Dispute Over Dates
OPEC proposed mid-July meetings with its allies in Vienna to discuss extending production cuts. after talks between Russia and Iran made some progress toward resolving a standoff over the date.
Read More »Iran’s Energy Minister Praises Tehran-Moscow Deal
Iranian Energy Minister Reza Ardakanian said that Tehran and Moocow reached very good and effective agreements during intensive talks between the two countries'. ministers and traders in the past 3 days.
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