The Russia n deputy foreign minister said Washington’s attempts to block an Iranian request for an emergency loan from the International Monetary Fund are politically-motivated.
News ID: 9331 Publish Date : 2020/05/05
China’s March crude oil imports from top supplier Saudi Arabia fell 1.6% from a year earlier, while purchases from No. 2 supplier Russia rose 31%, Reuters’ calculations based on customs data showed on Sunday.
News ID: 9310 Publish Date : 2020/05/03
Russia 's construction output is likely to drop on the back of the Covid-19 outbreak, as is the case with many other countries.
News ID: 9300 Publish Date : 2020/05/04
China maintained strong crude imports from Russia and Saudi Arabia in March, but again took no US cargoes despite reducing import tariffs a month earlier.
News ID: 9234 Publish Date : 2020/04/27
Crude futures rose in early Asian trading after Opec and non-Opec producers finalised a landmark two-year production restraint agreement that will take 9.7mn b/d off the market in May and June.
News ID: 9123 Publish Date : 2020/04/13
The Opec+ group will be under intense pressure to reach a production cut agreement at an emergency online meeting today. But expectations are low, with many aspects of the discussions still not agreed.
News ID: 9090 Publish Date : 2020/04/09
Saudi Arabia, Russia and other large oil producers are racing to negotiate a deal to stem the historic price crash as diplomats said some progress was made on Sunday.
News ID: 9082 Publish Date : 2020/04/07
Oil prices fell on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help alleviate global oversupply as the coronavirus pandemic pummels demand.
News ID: 9064 Publish Date : 2020/04/06
Oil prices fell on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help alleviate global oversupply as the coronavirus pandemic pummels demand.
News ID: 9063 Publish Date : 2020/04/07
According to a recent report, Achinsk Alumina Refinery in Krasnoyarsk Krai, Russia , is currently using a batch of BelAZ-7555V haulers. The batch, consists of six 55-tonne haulers, was delivered to Achinsk Alumina Refinery, part of Rusal Achinsk, by Krasnoyarsk-BelAZService in March.
News ID: 9061 Publish Date : 2020/04/07
US oil producers are likely to lower their output by some 30pc, as crude prices plummet after Saudi Arabia and Russia last month said they would increase production, and governments limits travel to contain the coronavirus, leading to a collapse in demand. Key Bakken operator Continental Resources executive chairman Harold Hamm spoke to Argus on how the Trump administration and US producers are responding to the changing market conditions. Edited highlights follow:
News ID: 9054 Publish Date : 2020/04/07
OPEC and Russia have postponed a meeting set for Monday to discuss supply cuts and ending a brutal price war.
News ID: 9052 Publish Date : 2020/04/05
Algeria's oil minister has called on producing nations to "seize the opportunity" offered by this week's proposed meeting to bring stability to oil markets.
News ID: 9045 Publish Date : 2020/04/06
The United States has allowed companies from Russia , China, and Europe to continue their work at Iranian nuclear facilities without being subject to American sanctions, the US State Department announced.
News ID: 9036 Publish Date : 2020/03/31
Crude futures rose by 10pc today after US president Donald Trump suggested that Saudi Arabia and Russia may be close to "a deal" to alleviate the oil price collapse.
News ID: 9024 Publish Date : 2020/04/02
Indonesia's billet imports were recorded at 376,169 MT during Jan’20 to book an M-o-M decline of approximately 20%. Also, the same witnessed a Y-o-Y decline of approximately 41% from 634,221 MT during Jan’19. India, Russia and, Pakistan were noted to be the top billet exporters to the country with 68,933 MT, 68,364 MT and 65,662 MT of billet exports respectively, during the month.
News ID: 8814 Publish Date : 2020/03/17
Iran’s Oil Minister Bijan Namdar Zanganeh said Friday’s “fruitless” meeting of the OPEC+ in Vienna was one of the worst meetings in the history of the organization.
News ID: 8602 Publish Date : 2020/03/07
Iranian Oil Minister Bijan Namdar Zangeneh said that the joint ministerial meeting of the 14-state Organization of Petroleum Exporting Countries (OPEC) plus 10 more friendly oil producers such as Russia (which together make up OPEC+) on Friday in Vienna did not bear any fruit as the participants failed to reach a unanimous decision.
News ID: 8598 Publish Date : 2020/03/07
Today's scheduled meeting between Opec and allied non-Opec producers in Vienna has been delayed as various non-Opec participants hold bilateral discussions.
News ID: 8586 Publish Date : 2020/03/06
Iran and Libya — two of the three Opec member states exempt from the production agreement — have different opinions on the need to extend or deepen the cuts.
News ID: 8575 Publish Date : 2020/03/04