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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

Iranian Ambassador to Russia Kazzem Jalali censured the de facto status of the Instrument in Support of Trade Exchange (INSTEX), stressing that the European-made channel was of no use as it has effected no transactions so far.
News ID: 8567    Publish Date : 2020/03/04

Opec+ countries plan to discuss a "new, substantial" cut in production this week and appear to have already reached an agreement to extend current quotas, Algerian energy minister Mohamed Arkab said today.
News ID: 8552    Publish Date : 2020/03/03

The Metallurgy-Litmash is one of the most important trade and contact platforms in Russia . Every year it underlines its relevance on the Russia n market and is already firmly established there. Do not miss this important industry event and take advantage of the increasing demand for metallurgy, foundry technology and castings in Russia .
News ID: 8526    Publish Date : 2020/02/28

Vietnam's coal imports increased in January compared with a year earlier, but growth eased from December as electricity generation dipped. And a slowdown in industrial activity because of the coronavirus outbreak could weigh on the near-term outlook for imports.
News ID: 8513    Publish Date : 2020/02/27

Russia n Deputy Foreign Minister Sergei Ryabkov said Tehran and Moscow continue their consultations on their nuclear cooperation.
News ID: 8506    Publish Date : 2020/02/27

Azerbaijan’s President Ilham Aliyev said his country has already established transmission lines with Russia and Iran, adding that Baku is eyeing for further trilateral energy cooperation in an upcoming meeting of the energy ministers of the three countries.
News ID: 8164    Publish Date : 2019/12/31

Russia n scrap offers to South Korea increased significantly, according to recent release reports. Offers to South Korea up by USD 15-20/MT as against last week, however, no fresh bookings at these levels have been concluded as yet.
News ID: 8139    Publish Date : 2019/12/27

Iranian Ambassador to Russia Kazzem Jalali and Russia n Presidential Envoy Zamir Kabulov in a meeting in Moscow explored avenues for expanding economic cooperation, and underlined the need for putting into effect the already signed agreements and memoranda of understanding (MoUs).
News ID: 8134    Publish Date : 2019/12/29

Oil prices rose on Friday, hitting three-month highs after data showed record online spending by US consumers even before the hoped-for end to the trade war between Washington and Beijing.
News ID: 8126    Publish Date : 2019/12/27

Former Iranian Ambassador to Russia Mehdi Sanayee stressed that relations between the two countries have flourished in all areas in recent years.
News ID: 8044    Publish Date : 2019/12/22

Iranian Foreign Ministry Spokesman Seyed Abbas Mousavi said Russia has stopped cooperating with the country at the Fordow nuclear site due to a technical problem.
News ID: 7972    Publish Date : 2019/12/16

Saudi Arabia's oil minister Prince Abdulaziz bin Salman today called for faith and trust as the Opec+ producer group strives to formalize an agreement to deepen output cuts.
News ID: 7804    Publish Date : 2019/12/06

Oil price decreased on Friday as a meeting between OPEC and its allies later in the day is expected on a formal agreement to more output curbs in early 2020.
News ID: 7791    Publish Date : 2019/12/06