Last December. Russia and 10 other non-OPEC nations agreed to join OPEC'.s output cuts for the first time in 15 years.
Read More »Iran Increase Oil Exports to South Korea by Over 100 Percent
Iran boosted its crude exports to South Korea by 104.5 percent in January. February and March.
Read More »OPEC`s Decision May Support Oil Prices within $50-55
Non-shale non-OPEC production. which has been resilient so far. is likely to require material reinvestment in new and existing projects over the coming years.
Read More »Iraq May Consider Avoid Crude Production
SOMO and Russia'.s Litasco have set up a joint trading company in Dubai to market crude.
Read More »Rising Efforts for Joint Fields` Development
We need to shift our focus to speeding up the development of shared oil and gas fields.
Read More »Oil Price Rises but Ends Week Lower
Trading was light after Thursday'.s heavy sell-off and ahead of the long weekend break in the United States and Britain.
Read More »Pouyanne: OPEC Cut Decision Gives Visibility Until At Least 2018
The decision by oil producing countries to extend production cuts agreement by nine months gives the market much needed visibility.
Read More »Russia`s Novak Can Do More for Oil after OPEC Failure
Russia maintains its oil-price outlook at $50 to $60 on average for this year.
Read More »OPEC Members Greet Rouhani Victory in Election
OPEC and non-OPEC countries agreed to extend production cuts for nine months.
Read More »Total Aims to Conclude Iran Gas Deal Before Summer
Total said earlier in February that a final decision on the deal hinged on the new U.S. administration renewing the waivers.
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