Russia will continue participating in the OPEC deal on oil production limiting despite dissatisfaction with the current prices level.
Read More »Iran`s Nuclear Achievements Displayed
The president said the nuclear deal has allowed Iran to commercialize its nuclear industry and engage in nuclear trade with other countries.
Read More »Brent Reaches One-Month High
Global benchmark Brent crude had risen 50 cents to $54.67 a barrel.
Read More »Is Extending OPEC Cuts a Done Deal?
Russia’s Energy Minister Alexander Novak said last week that it is too early to talk about an extension.
Read More »OPEC Deal Pushes Russian Oil Output Down 1.6 Percent from Peak
Russia plans to hold an energy dialogue meeting with OPEC in Moscow on May 31.
Read More »Iran in Talks with Russia to Purchase 12 Sukhoi Superjets
The Russian business interest in Iran significantly grew in 2016.
Read More »President Invites for Wise Use of Caspian Sea
We have ignored to install recreation facilities in the Caspian Sea to serve our people.
Read More »Tehran. Moscow will Use National Currencies in Mutual Settlements
Banking resources need to be directed towards effective projects which create jobs and lead to economic growth.
Read More »Saudi Arabia Likely to Cut May Crude Prices to Asia on Weak Demand
Saudi Aramco officials as a matter of policy do not comment on the kingdom'.s monthly OSPs.
Read More »Putin: Russia Becomes World’s Largest LNG Producer
The LNG plant is expected to be up and running according to schedule and reach the design capacity.
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