Presidents of Iran. Russia. and Azerbaijan will convene in the Russian resort city of Sochi in August to further work on ways to boost tripartite cooperation to form a strong regional bloc of trade and transit.
Read More »Iran Nuclear Deal Implementation Only Logical. Correct Path
Under the JCPOA. Iran undertook to put limits on its nuclear program in exchange for the removal of nuclear-related sanctions imposed against Tehran.
Read More »Russia Still Interested in Making Energy Investment in Iran
The two sides met on Friday on the sidelines of the 19th Summit of Shanghai Cooperation Organization (SCO) in Bishkek. the capital of Kyrgyzstan.
Read More »Trump says he’s considering sanctions to block Nord Stream 2
President Donald Trump said he’s considering using U.S. sanctions to stop construction of the Nord Stream 2 gas pipeline between Russia and Germany.
Read More »Oil could Still Drop to $30 per Barrel
OPEC is close to reaching an agreement to extend the production cut deal beyond June.
Read More »Russia Warns of $40 Oil Even as It Holds Out on OPEC Deal
Saudi Arabia and Russia. the two largest producers in the OPEC coalition. voiced concerns that falling oil demand could send prices below $40 bbl as they met in Moscow.
Read More »The Bearish Threat Within OPEC
After a prolonged oil price plunge. pushing price levels down to around $59 Brent per barrel. signs are showing that the market believes the downward trend has overshot its target.
Read More »Saudis Optimistic About OPEC Cut Extension After Talks with Russia
Saudi Arabia’s top oil official said he was sure that OPEC+ will extend production cuts into the second half of the year after holding talks with Russia.
Read More »Putin Lauds Cooperation with Turkey on TurkStream
The project is the biggest-diameter offshore gas pipeline in the world laid at such depths.
Read More »Putin Highlights Differences with Saudis as OPEC Decision Looms
A year ago. in the enduring twilight of one of St. Petersburg’s famous white nights of summer. Saudi Arabia and Russia reached an agreement that set a new direction for the oil market.
Read More »