OPEC has not yet scheduled any talks with Russia and other non-OPEC countries aimed at supporting oil prices, two OPEC delegates said on Tuesday after Russian officials talked up potential Continue Reading
Russia is ready to meet the main oil producers within the Organization of the Petroleum Exporting Countries (OPEC) if a consensus on such a meeting is reached with them, RIA Continue Reading
Russian Foreign Minister Sergei Lavrov reiterated Tuesday that the country is ready to take part in a potential meeting of top oil producers in February, Russian news agencies reported. Last Continue Reading
Oil rose on Wednesday, paring earlier losses after fresh comments from Russia about its openness to talk with OPEC over output cuts helped revive hope among investors that the world’s Continue Reading
Natural gas prices dipped below the $2 mark Tuesday as a heavy surplus and mixed weather forecasts caused the largest back-to-back combined losses in three months. Gas futures have been Continue Reading
Kirkuk’s provincial government confirmed Tuesday that it has received $10 million for oil exported and sold independently by the Kurdistan Regional Government (KRG).The payment follows a deal struck between the Continue Reading
A measure of growth in Saudi Arabia’s non-oil economy fell to a record low as cheap crude weighs on the world’s largest oil exporter. The Emirates NBD Purchasing Managers’ Index Continue Reading
Russia will not stop its air strikes on Syria until armed groups, such as al Qaeda’s wing there, are defeated, Russian Foreign Minister Sergei Lavrov said on Wednesday. On Tuesday, Continue Reading
A Syrian military offensive backed by heavy Russian air strikes threatened to cut critical rebel supply lines into the northern city of Aleppo on Tuesday, while the warring sides said Continue Reading
Italy’s Trevi firm will be tasked with renovating and maintaining the strategic Mosul Dam, Iraq’s government-sponsored Al-Iraqiya News TV reported Feb. 2. The announcement follows a January statement by U.S. Continue Reading
