Russia and Saudi Arabia intend to support investment in the oil and gas sector.
Read More »Global Crude Oil Demand Growth is Now Hostage to China. India
There is no immediate reason to expect lower crude oil demand growth in China and India.
Read More »Oil Falls on Lower China Refining Activity. Fresh U.S. Crude Output Record
Russia and Saudi Arabia are set to open the football world cup. which kicks off in Russia on Thursday.
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 »Nobody Wins in a Market with Oil Supply Deficits
The 5-year average is close to balance because of OPEC-led efforts to drain the surplus.
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 »Oil Prices Drop on Prospect of Rising Supplies
OPEC on Tuesday said that the oil market outlook in the second-half of 2018 is highly uncertain and warned of downside risks to demand.
Read More »OPEC Resistance to Saudi Plan as Iraq Objects
Saudi Arabia has enjoyed diplomatic ties with the US for decades.
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 »Trump Blames OPEC for High Oil Prices
The next meeting of the parties to the deal will be held on June 23 in Vienna.
Read More »