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Russia n Energy Minister Alexander Novak said on Wednesday that oil prices, which fell by more than a third this quarter, would become more stable in the first half of 2019.
News ID: 3085    Publish Date : 2018/12/27

The non-oil exports from Iran’s Northern Province of Mazandaran in the first 3 quarters of the current Iranian year (started on March 21, 2018) has surpassed $339 million which indicates a 12% increase in comparison with the corresponding period last year.
News ID: 3073    Publish Date : 2018/12/25

Oil ministers from leading OPEC nations said Sunday they expect prices will arrest their recent slide and rebalance early next year when a deal on new production cuts takes effect.
News ID: 3067    Publish Date : 2018/12/25

About 420,000 tons of agricultural products cultivated in greenhouses worth 10 trillion rials ($98 million) are exported from Iran’s central Yazd Province every year.
News ID: 3060    Publish Date : 2018/12/24

OPEC and its allies have formalized their production quotas under their new supply deal, with Saudi Arabia, the world's largest crude exporter, committing to a 322,000 bpd cut from its October level.
News ID: 3058    Publish Date : 2018/12/24

Contrary to initial reports that OPEC will not make public the country quotas in the new production cut deal, the organization now plans to publish a table of each OPEC and non-OPEC individual quotas in an attempt to inject some positive sentiment in a crashing oil market, OPEC’s Secretary General Mohammad Barkindo wrote in a letter seen by Reuters.
News ID: 3038    Publish Date : 2018/12/23

Russia n energy minister Alexander Novak expects his country's crude oil output in 2019 to be around 555-556 million tons (11.145-11.165 million barrel per day) but said this figure could be revised downwards due to OPEC+ agreements to cut production.
News ID: 3002    Publish Date : 2018/12/20

Russia exported 36.65 million barrels less crude oil in the first ten months of the year, not least because of its participation in the OPEC+ pact to reduce global supply.
News ID: 2947    Publish Date : 2018/12/17

Chairmen of the Iranian and Russia n chambers of commerce, in a meeting in Tehran, agreed to cooperate on annual Iran- Russia trade conference, urging the governments in Tehran and Moscow to extend backing to the private sectors in the climate of sanctions.
News ID: 2868    Publish Date : 2018/12/09

Iranian Energy Minister Reza Ardakanian stressed that Iran and Russia that are both facing Washington’s sanctions have a lot of common views and mutual understanding.
News ID: 2798    Publish Date : 2018/12/03

Russia and Saudi Arabia agreed to extend into 2019 their agreement to manage the oil market, known as OPEC+, although the two sides have yet to agree on any fresh output cuts.
News ID: 2795    Publish Date : 2018/12/03

Russia n President Vladimir Putin signed a bill ratifying a temporary agreement on the formation of a free trade zone between the Eurasian Economic Union and Iran on Wednesday.
News ID: 2766    Publish Date : 2018/12/01

Oil’s on track for its worst month in a decade on growing fears over a global supply glut that’s been exacerbated by American waivers to Iranian crude buyers.
News ID: 2762    Publish Date : 2018/12/01

Iran’s Minister of Roads and Urban Development Mohammad Eslami said Russia has decided to open a €3 billion credit line to finance the international North-South Transport Corridor (NSTC) which connects India to Russia via Iran.
News ID: 2676    Publish Date : 2018/11/21

Russia may launch settlements with Iran in national currencies in order to continue bilateral cooperation despite the US sanctions against Tehran, Russia n Energy Minister Alexander Novak said.
News ID: 2665    Publish Date : 2018/11/20

President Vladimir Putin said he discussed the price of oil with US counterpart Donald Trump when they met in Paris briefly on Sunday, adding that Russia is happy with current prices.
News ID: 2633    Publish Date : 2018/11/17

After imposition of ban on scrap exports since 21st July, major importers like Turkey and South Korea observed 41% and 58% fall in scrap imports from Russia in August
News ID: 2561    Publish Date : 2018/11/09

Saudi Arabia and Russia , both of whom have boosted their crude output in recent months, were responsible for a $15/b drop in the price of oil and "should cut at least 1 million b/d instantly", an OPEC delegate told S&P Global Platts.
News ID: 2528    Publish Date : 2018/11/07

Russia n steelmaker Severstal expects hot-rolled coil (HRC) export prices to drop to under $500/t fob by the end of the year, head of marketing Dmitry Goroshkov said ahead of the company's Capital Markets Day today.
News ID: 2526    Publish Date : 2018/11/07

India, Russia and Iran will hold a trilateral meeting on the International North-South Transport Corridor on November 23 to make the 7,200-km ship, road and rail route operational soon, an official statement said on Monday.
News ID: 2479    Publish Date : 2018/10/31

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