OPEC supplier Saudi Arabia also increasing crude production, but US set to overtake due to tremendous development in shale oil extraction
Iran intends to make Trump and offer he can't refuse by holding the oil supply hostage to his sanctions
Trump would be just the President for the job
The predictability of Trump's unpredictability is truly predictable
However, it is Trump's diplomacy that is set to have some of the largest impacts on oil prices and availability
Moscow and Riyadh sign several big energy deals last week, advancing and solidifying Russia's place in the world oil markets
Russia's energy minister says the country may be on its way out of the agreement to cut output by 300k barrels a day
$80 per barrel estimated within possibility after Futures continue to rally after 22% gain over the last year
Russia is now producing 10.98 million barrels per day, according to the country's Energy Ministry
With Russian influence in the Mideast at near all-time highs, will cooperation extend beyond oil?
The parties agreed to retain production cuts in order to support oil prices at $50-$60 dollars a barrel
Against the expectations of some, Moscow will reportedly continue its deal with the oil cartel
Experts say lower oil prices could actually benefit the Russian economy
If no deal is reached with OPEC, Moscow says it won't continue limiting output next year
The CEO of Russia’s largest oil company Rosneft Igor Sechin has said that oil will remain the principal fuel for many years.
Russia's Gazprom Neft will cooperate with Saudi Aramco on ways to boost production, including in fracking technology and hard-to-recover oil.
Nicolas Maduro is factually correct in pointing out America's isolation from the wider world, including many of its traditional allies.
There are wide ranging implications of Venezuela and Russia's impetus to ditch the Dollar.
Russian Energy Minister reports all OPEC countries are committed to the deal.
The oil price could go as low as $40 per barrel, if OPEC+ deal is not extended.
Jabbar Luiebi will visit Moscow on August 30-31, where he will meet with Russian Energy Minister Alexander Novak and LUKoil CEO Vagit Alekperov.
The Kurdistan Regional Government has signed deals with several Russian oil and gas factories and is glad about the development of partnership with Russia, the government...
Originally appeared at RussiaFeed.com MOSCOW (Sputnik) – The Organization of the Petroleum Exporting Countries (OPEC) has revised upwards its expectations for Russia’s crude and condensate output...
MOSCOW (Sputnik) – The Organization of the Petroleum Exporting Countries (OPEC) has revised upwards its expectations for Russia’s crude and condensate output this year by 0.04...
Oil is up, but possibly not for long.
The Saudi Crown Price was all smiles in Moscow. But it is Russia that should be smiling at this turn of events.
Russia and Saudi Arabia announce 9 month extension of oil production cut in plan to rebalance oil market and stabilise prices.
Saudi Arabia's wealth and arrogance are build on a oil-black house of cards.
Renewed supply glut caused by rising shale production in US causes oil price to fall.
For years, the US has tried to organise regime change in Venezuela. This just hit a big stumbling block.
By taking on the role of an intermediary between Saudi Arabia and Iran, Vladimir Putin was able to get OPEC to cut oil production for the...
OPEC announcement of oil production cut causes oil prices to surge as Saudi Arabia reverses course and agrees to first production cut since the oil price...
The evil Kingdom of Saudi Arabia is struggling on all fronts...economic, geo-political, and domestic...and this is great news for the entire free world.
Zombie America would be surprised to know that even with all the U.S. Government sanctions and threats of war with Russia over America's unwavering support for...
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