Saudi Energy Minister Khalid al-Falih said on Sunday that OPEC would probably meet in the first week in July in Vienna and that he hoped it would reach consensus on extending its agreement to cut oil output.
News ID: 4841 Publish Date : 2019/06/18
As per the latest updates, Russia ’s only needle coke manufacturer, Gazprom Neft Omsk Refinery has finally produced and supplied its first batch of needle coke to the domestic manufacturers.
News ID: 4820 Publish Date : 2019/06/15
The Instrument in Support of Trade Exchanges, known as INSTEX, a European Union mechanism for financial settlements with Iran, is failing to gain momentum, Russia ’s permanent envoy to the EU, Vladimir Chizhov, told Tass news agency on Friday.
News ID: 4786 Publish Date : 2019/06/10
Russia ’s average daily oil output in May fell below its OPEC+ target for the first time this year after buyers refused to take exports via Druzhba, the nation’s key pipeline to Europe, because of contamination.
News ID: 4782 Publish Date : 2019/06/09
Saudi Arabia’s top oil official said he was sure that OPEC+ will extend production cuts into the second half of the year after holding talks with Russia .
News ID: 4780 Publish Date : 2019/06/09
Russia ’s average daily oil output in May fell below its OPEC+ target for the first time this year after buyers refused to take exports via Druzhba, the nation’s key pipeline to Europe, because of contamination.
News ID: 4739 Publish Date : 2019/06/03
With rare earths in the cross hairs of the U.S.-China trade war, there’s a sharp focus on who else can sell the critical minerals.
News ID: 4725 Publish Date : 2019/06/02
Top oil exporter Saudi Arabia has raised production in May, a Reuters survey found, but not by enough to compensate for lower Iranian exports which collapsed after the United States tightened the screw on Tehran.
News ID: 4713 Publish Date : 2019/06/01
Central banks around the globe have been on a gold buying spree this year, with Russia and China leading the pack.
News ID: 4687 Publish Date : 2019/05/31
Russia will carefully consider extending its oil output reduction agreement with the Organization of the Petroleum Exporting Countries and other producers, Russia n First Deputy Prime Minister Anton Siluanov told Reuters on Wednesday.
News ID: 4674 Publish Date : 2019/05/30
Natural gas supply to West Azarbaijan Province is expanding and 11 more small towns and villages are now linked to the national grid, managing director of the National Iranian Gas Company said.
News ID: 4656 Publish Date : 2019/05/28
The United States is increasing its oil imports from Russia , according to a Bloomberg source, as US refineries clamor for more oil now that refineries oil supplies have dried up.
News ID: 4629 Publish Date : 2019/05/23
From easing the limits to ending the extreme throttling-back that has seen some countries exceed original cutback targets, Russia sees a range of options that would allow OPEC+ to continue output cooperation until the yearend.
News ID: 4614 Publish Date : 2019/05/22
Amonth before OPEC and allies are set to discuss the future of their production cut deal, the leader of the non-OPEC group, Russia , appears to have finally fallen in line with its share of the cuts, producing below its OPEC+ quota for the month of May.
News ID: 4589 Publish Date : 2019/05/20
Russia ’s crude oil production averaged 11.16 million bpd in the first twelve days of May, Oil Price reported on Tuesday, citing two industry sources, which means that Moscow is finally within its cap under the OPEC+ deal.
News ID: 4563 Publish Date : 2019/05/17
OPEC said on Tuesday that world demand for its oil would be higher than expected this year as supply growth from rivals including US shale producers slows, pointing to a tighter market if the exporter group refrains from raising output.
News ID: 4559 Publish Date : 2019/05/17
As per sources, one of the world's largest steel producer and a leading Russia n metal company Magnitogorsk Iron and Steel (MMK) has doubled its metal shipments to Vietnam in CY18 as compared to CY17.
News ID: 4366 Publish Date : 2019/04/20
Imported HRC offers to Vietnam inched up this week following uptrend in export offers from China. On weekly basis imported HRC offer to Vietnam inch up by USD 5/MT from China.
News ID: 4347 Publish Date : 2019/04/12
One of the key Russia n officials to foster a supply pact with OPEC, Kirill Dmitriev, signaled on Monday Russia wanted to raise oil output when it meets with OPEC in June because of improving market conditions and falling stockpiles.
News ID: 4271 Publish Date : 2019/04/09
A global agreement between the OPEС and non-OPEC countries on oil production cuts could be easily extended, Iran’s Oil Minister Bijan Namdar Zanganeh said in Russia .
News ID: 4209 Publish Date : 2019/04/06