Tag Archives: Vladimir Putin

OPEC delegates have said the group and its allies could cut by 1 million bpd if Russia contributed 150.000 bpd of that reduction.

Iran will not take part in any cuts while there are U.S. sanctions on its oil.

Qatar has minimal spare capacity so its exit won'.t affect the volume of oil supply in the market.

Qatar has minimal spare capacity so its exit won'.t affect the volume of oil supply in the market.

Trump’s support is the key to the political fortunes of MBS.

Russia has for years been cooperating with OPEC. helping to engineer a rebound after a 2014 oil price slump.

Riyadh has suggested OPEC and its allies reduce output by 1 million barrels per day from January 2019 to stem the price falls.

OPEC and non-OPEC oil producers will hold a ministerial meeting Dec. 6-7.

Saudi Aramco plans to boost its gas production to 23 billion standard cubic feet (scf) a day from 14 billion scf now.

Russia is the key non-OPEC partner in the production cut deal with OPEC.