Russian energy minister: Compliance for OPEC production cut is ‘almost 100%’
The Organization of the Petroleum Exporting Countries (OPEC) has basically fully implemented an oil production cut,…
Browsing Tag
Alexander Novak
US crude ticks up 11 cents at $50.66 for third straight weekly gain
Oil prices climbed on Friday, hovering close to their highest levels in months, as major producers may wait until…
OPEC, non-OPEC production cuts can go longer, deeper if necessary: Russian Minister
OPEC and non-OPEC producers have the capacity to extend and deepen their production cuts if the oil market's…
Oil market likely to move into balance in Q1-2018: Russia energy minister
The oil market is likely to move into balance by the first quarter of 2018 when the global inventory drops to a…
Saudi Arabia looks to Russia to boost non-OPEC cooperation
Saudi Arabia's Energy Minister Khalid al-Falih said on Sunday he had invited his Russian counterpart Alexander…
Russia sees no need to freeze oil talks currently: minister Novak
Russia sees no need for renewing discussion of an oil-output freeze at current crude prices, while leaving open the…
Russia halts gas supplies to Ukraine, mulling coal cut off over Crimea
Russian Energy Minister Alexander Novak said Moscow would cut gas supplies to Ukraine on Tuesday or Wednesday…
