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
Vladimir Putin’s quest to break Russia ’s reliance on the U.S. dollar has set off a literal gold rush.
News ID: 4171 Publish Date : 2019/03/30
Palladium is heading for the biggest weekly decline in more than three years as investors’ focus turned to demand amid concerns over slowing global growth.
News ID: 4170 Publish Date : 2019/03/30
Russia n imports of iron ore, ferro alloys and coal dropped in Jan'19 amidst falling temperature and congestion at rail and port terminals.
News ID: 4086 Publish Date : 2019/03/19
Gorgan International Airport will start operating two new flights to three new destinations, namely Rasht, Tabriz and Aktau in Kazakhstan, in the new Iranian year (starting March 21), the director general of Golestan Airports Company announced.
News ID: 4005 Publish Date : 2019/03/13
Russia n Ferro Silicon Exports went 4 years high in CY18. Ferro Silicon exports were increased from 427,976MT in CY18 to 317,856MT in CY17 which accounted for 34.64% hike. Meanwhile in Dec’18, the exports sunk by 52.42% M-o-M. Exports in Dec’18 were 24,127MT.
News ID: 3876 Publish Date : 2019/03/07
Iranian Energy Minister Reza Ardakanian said that Tehran and Baku are discussing ways to boost cooperation in the energy sector, highlighting that Azerbaijan will serve as a link to connect Iran’s electricity grid with Russia and Georgia.
News ID: 3866 Publish Date : 2019/03/06
Russia n oil output stood at 11.34 million barrels per day in February, down some 75,000 barrels per day from the October level, the baseline for a global deal, but still missing the accord target, Energy Ministry data showed on Saturday.
News ID: 3815 Publish Date : 2019/03/03
High-ranking Iranian and Russia n officials endorsed an agreement to increase cooperation between the two countries in area of road transportation.
News ID: 3797 Publish Date : 2019/03/01
Electricity experts from Iran, Russia and Azerbaijan are in Moscow, discussing technicalities of creating an energy corridor that envisages the export of electricity from Russia to Azerbaijan and Iran, Russia ’s Deputy Energy Minister Anatoly Yanovsky said Monday.
News ID: 3763 Publish Date : 2019/02/27
Iranian Ambassador to Moscow Mehdi Sanayee said that the volume of trade between Iran and Russia has hit $500 million because of the two sides’ determination to boost interactions, adding that both Tehran and Moscow are after a higher volume of commercial exchanges between the two countries.
News ID: 3742 Publish Date : 2019/02/25
Iran has exported $219.258 million worth of commodities to the Russia n Federation in the first 10 months of the current local calendar year (March 21, 2018 – Jan. 21, 2019), indicating a 8.56 percent growth compared with corresponding period last year.
News ID: 3690 Publish Date : 2019/02/21
Iran exported $533 million worth of commodities to Russia in 2018, which registered a growth of 36% compared to the preceding year.
News ID: 3653 Publish Date : 2019/02/17
The world's top diamond producer by output, Alrosa (MCX:ALRS), found a heart-shaped rough diamond at the Udachnaya kimberlite pipe in Yakutia, eastern Russia .
News ID: 3624 Publish Date : 2019/02/14