Tag Archives: Russia

The final decision sent both main oil contracts plunging Thursday. which in turn dragged energy firms lower.

Iran is now waiting for Russian oil companies to send their oil.

Several countries. notably Russia and Saudi Arabia. saw the Algerian proposal as a good suggestion and found it interesting.

OPEC decided on Thursday to extend cuts in oil output by nine months to March 2018.

Traders are now awaiting the release this week of minutes from the Federal Reserve'.s latest policy meeting.

OPEC has been urging other producers to join the supply pact.

US crude imports rose 577.000 bpd last week. while exports rose 400.000 bpd.

The extraction capacities of Gazprom will allow to cover all the additional demand this year.

Saudi Arabia still loses sleep over the price of oil. Not for much longer.

Goldman kept its average Brent price forecast for the third quarter of 2017 at $57 per barrel.