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Russia
Oil Price
What Really Caused Oil To Rally By 25%?
Oil prices spiked 25 percent on Thursday after President Trump tweeted that Saudi Arabia and Russia would cut production by 10 to 15 million barrels per day (mb…
Oil Price
Oil Falls on Scepticism over Trump's Saudi-Russia Output Deal
Oil prices fell on Friday, coming off their biggest one-day gains in the previous session, after U.S. President Donald Trump said he had brokered a deal between…
Oil & Gas Trade
Saudi Arabia and Russia Signal Readiness to Cooperate on Oil
Saudi Arabia and Russia signalled on Thursday they were ready to cooperate to help stabilise the oil market after calls with U.S. President Donald Trump to disc…
Oil Price
Coronavirus: Oil Prices Rise on Hopes of a Price War Truce
Global oil prices have risen after Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their price war.
Crude Oil
Trump Says world’s Biggest Oil Producers to Meet on Market Crash
President Donald Trump said the US would meet with Saudi Arabia and Russia with the goal of stanching an historic plunge in oil prices.
Greenhouse Gas Emissions
Russia Drafts Strategy for Low-Carbon Development
Russia's Ministry for Economic Development last week published a draft strategy for low-carbon development to 2050.
Crude Oil
How Russia Is Shedding Its Venezuelan Assets
Russia has set up a wholly state-owned oil company named Roszarubezhneft after Rosneft announced it would exit Venezuela and ditch its Venezuelan assets to a ne…
Crude Oil
Russia's Largest Oil Producer Halts Operations In Venezuela
Russia’s largest oil producer, Rosneft, has announced that it is halting operations in Venezuela and selling its assets there to a company fully owned by the R…
Oil Pipeline
Putin Approves a New Gas Pipeline to China via Mongolia
Russian President Vladimir Putin on Friday approved the launch of a feasibility study for the Power of Siberia-2 pipeline.
Oil Price
Calls Mount for New OPEC+ Deal as Oil Prices and Demand Slide
Oil producers need to resume cooperation in an effort to stabilize the global market, Russian and OPEC officials said, as the industry reels from a demand and p…
Oil Price
Russia’s Plan To Bankrupt U.S. Shale Could Send Oil To $60
As soon as U.S. shale leaves the market, prices will rebound and could reach $60 a barrel, Rosneft’s Igor Sechin said recently.
Oil Price
After Oil Price Crash, Russia Looks for OPEC Deal
Russian officials were reportedly looking to establish another OPEC+ deal to balance oil markets.
Oil Price
Saudi Arabia Says no Talks on New Oil Deal, Moscow Suggests Larger OPEC+
Saudi Arabia said on Friday that it is not in talks with Russia to balance oil markets, despite rising pressure from Washington to stop a price rout, amid the c…
Oil & Gas Trade
Demand Destruction Foils Saudi Arabia’s Plan To Flood Europe With Oil
Saudi Arabia has promised a flood of cheap oil to Europe as it aims to hit its former ally Russia in its own backyard, but it looks like demand for the ultra-ch…
Market Analysis
Russia Will Ignore Oil Markets In G-20 Video Summit
The oil market will not be a topic of discussion at the G-20 video summit later on Thursday, the Kremlin spokesman Dmitry Peskov told reporters when asked about…
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