South Korea’s Iranian crude oil imports fell in May to their lowest since January.
Read More »Russia and Saudi Arabia Agree OPEC+ Format should be Extended
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. 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 »Saudi Oil Output Rises Above 10 Million Barrels a Day
Iraq on Monday joined Iran and Venezuela in opposing any plans to start boosting crude output.
Read More »Russia`s Gazprom Neft Wants Flexible Quotas in OPEC-Led Deal
Russia'.s largest crude producer Rosneft was also in a position to be able to add 100.000 b d to production in a few days.
Read More »Trump’s Tariffs on EU will Boost Russia-EU Ties
While the EU and the U.S. bicker over tariffs. Russia is boosting its gas trade with Europe.
Read More »Oil Prices Decline on Rising Supplies from U.S.. Russia
Russian output hit 11.1 million bpd in early June.
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