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ALEXANDER NOVAK COMMENTS
Oil rises after OPEC+ extends output cutsBrent futures was 28 cents, or 0.3% higher, at $83.83 a barrel at 0134 GMT, while the U.S. West Texas Intermediate (WTI) rose 20 cents, or ...
Oil prices fall on China concerns, scepticism on OPEC+ cutsGLOBAL-Oil prices fall on China concerns, scepticism on OPEC+ cuts
OPEC+ set to strengthen oil output cuts in Q1 2024: Russia's deputy PMOPEC+ agreed last Thursday to voluntary supply cuts totalling about 2.2 million barrels per day (bpd), including an extension of existing S...
Oil slips as economic jitters offset U.S. debt dealOil prices dipped due to economic worries, despite a debt ceiling deal being reached in the US that averted an economic default and helped ...
Oil steady as markets await clarity on OPEC's next policy moveOil prices remained mostly stable at the start of Friday trading. The markets are awaiting clarity on OPEC and its allies’ next oil policy ...
Russian PM in China for talks with Xi, business forumRussia's prime minister on Tuesday hailed economic ties with China during a visit in which he will meet with President Xi Jinping and ink a...
Oil prices climb in relief rally as banking concerns ease"There has been a bounce in risk assets on the open this morning, more around the absence of any new bad banking developments over the week...
Putin says oil price cap will not create problems for Russian budgetSpeaking during a televised meeting with senior officials, Putin was responding to comments by Deputy Prime Minister Alexander Novak, who s...
Several buyers agree to pay in roubles for Russian gas: Alexander Novak, Russian Deputy PMPresident Vladimir Putin said last month that buyers of Russian gas from "unfriendly" countries should pay in roubles, a move rejected by E...
Russian oil output falls below 10 million bpd, lowest since July 2020: SourcesRussian oil production has been under a massive downward pressure amid sanctions from the West over Moscow's role in Ukraine.
Serena Williams not on January's Australian Open entry listAsh Barty tops the women's entry list and will continue her quest to end a long drought for Australian women at the tournament. No Australi...
Russian Energy Minister Alexander Novak to be made Dy. Prime Minister in Cabinet reshuffleThe shake-up, which they said was expected to be officially announced later on Monday, would also include the dismissal of Transport Minist...
Oil climbs as suppliers stick to output cuts, coronavirus lockdowns easeBrent crude futures inched up 0.7 per cent, or 23 cents to $35.76, adding to a 1.1 per cent gain on Monday in thin holiday trading
Iraq says Opec+ to mull more cuts, jarring with group’s stated stance“There are viewpoints for Opec+ to do further cuts, but not as big as 1.2 million barrels a day.”
Opec+ may further boost crude oil supply, says RussiaRussia, which pledged to raise its oil production by 200,000 barrels a day, has been quick to meet the target.
Russia and S Arabia talking, and now oil price is jumpingRussia and Saudi are probably the two most important oil producers on the planet, with Saudi Arabia the de-facto leader of OPEC, and Russia...
There’s finally some good news for oil marketAccording to data cited in their charts, global oil production has slowed to approximately 83 million barrels per day in 2016, from about 8...