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Saudi Arabia and Russia are discussing raising OPEC and non-OPEC oil production by 1 million barrels a day.
Read More »OPEC’s Plans to Boost Output have Spooked Oil Market Bulls
The Oil Price Rally Isn’t Over Yet
Oil prices declined by more than 6 percent in the last few trading days.
Read More »Rosneft Signs Agreements to Supply Gas to Ghana
The signed documents open a new stage in the development of cooperation between Russia and Ghana.
Read More »Enel in Talks with Russian Banks on Financing Projects of Two Wind Parks
The whole investment is around 400 mln euros.
Read More »OPEC and Russia Manage to Control Oil Prices
Since last year. oil producing countries have cut back production in an attempt to offset dipping prices.
Read More »OPEC and Russia Change Tack with Plan to Open Oil Floodgates
Now Russia and Saudi Arabia are discussing opening the taps by an extra million barrels per day.
Read More »Asian and US Stocks Rise on US-N.Korea Summit
In the currency market. the euro bounced back from a low of $1.1646 touched on Friday to trade at $1.1685.
Read More »The Globalization of European Gas
IHS Markit expects European gas prices to be increasingly set by the global market.
Read More »Oil Price Drops as Saudis Signal Likely Supply Boost
Asian markets mostly fell Friday after the news of Trump'.s cancellation of the summit.
Read More »Oil Prices at $60 pb Suitable for Russia
Saudi Arabia and Russia are reportedly nearing an agreement to jointly increase oil production in the upcoming period.
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