Oil market to achieve balance by the end of 2019.
UAE energy minister says Russia committed to OPEC+ oil cuts
oil prices
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Novak announces possible recovery of oil production
The recovery of oil production in the framework of the OPEC + alliance after June is possible if there is unmet demand on the market, Russian Minister of Energy Alexander Novak told journalists on the sidelines of the International Arctic Forum …
Oil gets higher amid Libyan conflict
Oil taps fresh 5-month highs amid Chinese buying, Libyan conflict
Kazakhstan to send 2 million tons of oil to Uzbekistan
That figure could eventually rise to 5 million tons
Oil hits high as Washington puts more pressure on Iran and Venezuela
Oil extends first-quarter gains on tight supply
Siluanov: Russia achieves best results over past decade
Russia's budget is balanced with the oil price of $35-45 per barrel, which is one of the best results over the past ten years, Russia's First Deputy Prime Minister and Finance Minister Anton Siluanov said at an expanded …
What’s Keeping Oil From Rallying?
The fundamentals of supply and demand in the oil market appear to be heading in a bullish direction
Novak and Shahbazov discuss possibility of supplying Russian oil to STAR refinery
Russian Minister of Energy Alexander Novak and Azerbaijani Minister of Energy Parviz Shahbazov discussed in Baku the possibility of supplying Russian oil to the STAR refinery in Turkey, owned by SOCAR, the …
OPEC + countries should continue cooperation, Azerbaijani Energy Minister says
The cooperation within the OPEC + format should be continued, Azerbaijani Energy Minister Parviz Shahbazov said during a press conference following the OPEC + meeting in Baku. According to him, taking into account the current stability …
Novak names most convenient time to discuss future of OPEC +
The most convenient time to discuss the further steps in the framework of the OPEC+ production cuts agreement is May, the Minister of Energy of Russia said at a meeting with his Azerbaijani counterpart Parviz Shahbazov held in Baku …
Iraq looks to boost crude oil trading business
SOMO is looking to expand its crude oil trading activities with more spot sales
Brent oil price exceeds $68 first since November
The cost of the futures contracts of Brent crude oil for May 2019 delivery gained 0.71% amounting to $68.03 per barrel on London's ICE as of 11:10 a.m. Moscow time today, according to the trading data. The cost of Brent crude oil …
‘Disorderly Brexit’ and trade spats would hit oil demand
Global uncertainties dictate consumer spending patterns
Oil sputters as economic woes outweigh US drilling slowdown
Oil lost ground Friday after unnerving economic reports from China and the US, although the decline was moderated by the latest report of declining activity in America’s oil patches. As the Economic Times r …
Oil prices up on trade news
Oil prices climbed on Monday morning in Asia, recovering from steep drops last week
Novak: too early to say if OPEC+ deal to be extended
Russia’s energy minister Alexander Novak said that it was too early to say if the global deal to cut oil production between the Organization of the Petroleum Exporting Countries (OPEC) and other large oil producers would be …
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