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Asian markets mostly fell Friday after the news of Trump'.s cancellation of the summit.
Read More »Oil Price Drops as Saudis Signal Likely Supply Boost
Novak Expects Oil Price Range of $65-75 per Barrel in 2018
The oil price was lower at the beginning of the year than today.
Read More »Russia and OPEC to Boost Oil Production
Move follows pressure from US as prices breach $80 a barrel.
Read More »Venezuela could Prompt OPEC to Pump More
India has asked Saudi Arabia for assurances that oil prices will remain stable and moderate.
Read More »OPEC to Mull New Ways to Control Oil Stockpiles
OPEC and allied oil producers including Russia are discussing new ways of measuring global crude stockpiles.
Read More »Pradhan Wants Saudis to Keep Oil Prices Stable
Pradhan has concern about rising prices and its negative impact on consumers and the Indian economy.
Read More »Novak to Retain Post in New Government
Russia’s Energy Minister Alexander Novak will retain his post in the new government.
Read More »Saudi Arabia. UAE. Russia to Discuss Oil Supplies Following US Withdrawal from JCPOA
St. Petersburg International Economic Forum will be held on May 24-26. 2018.
Read More »Novak Plans to Discuss U.S. Withdrawal from Iran Deal with Saudi Falih
Global oil prices are currently under the influence of geopolitics.
Read More »Russian Commitment to OPEC Deal Reach 95%
Crude oil production in Russia amounted to 10.97 million barrels a day last month.
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