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Russia and Saudi Arabia planned to sign a mutual agreement which will draw their cooperation in the energy arena to a new level.
Read More »Russia and Saudi Arabia Agree OPEC+ Format should be Extended
Russia. Saudi Arabia Agree to Expand Cooperation to Stabilize Energy Markets
Russia and Saudi Arabia intend to support investment in the oil and gas sector.
Read More »Russia will Propose `Proportional` Crude Oil Output Increase
Russia has received significant additional earnings from a 40% increase in oil prices over the course of the production cut deal.
Read More »Russia and Saudi Arabia Work at OPEC deal at World Cup Summit
Many nations have gone further than their pledged cuts.
Read More »Russia to Seek Oil-Cuts Rollback for most OPEC+ Nations
Russia and Saudi Arabia are set to discuss oil policy on Thursday.
Read More »Novak Comments on Domestic Gasoline Prices
Those urgent fiscal measures have had a positive impact.
Read More »Russia Says Demand should Determine Oil Deal Easing
OPEC and non-OPEC countries should take a decision on a possible adjustment of the current deal on oil output cuts by looking into oil demand.
Read More »Russian Oil Output Inactive but Remains above Quotas
OPEC and non-OPEC producers will meet in Vienna on June 22-23 to review the current deal.
Read More »Russia has Potential for Increasing Oil Output within Months
Russian Energy Minister Alexander Novak said that returning to oil production levels of October 2016 is one of the options for the future of the OPEC+ deal.
Read More »Overcompliance of OPEC Members Has Created a Problem
The decision to keep cutting or start ramping up needs to be unanimous.
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