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Articles with tag "OPEC"
Slashed output
Russia Says OPEC+ Oil Production Cuts 'In Interests' of Energy Markets
The bloc of countries called the decision a "precautionary" move aimed at stabilizing global markets.
controversial quota
Kremlin Says OPEC+ Cut Output to Stabilize Oil Markets
The Kremlin said Thursday that an OPEC+ decision to sharply cut production was designed to stabilize global oil markets, after Washington said the move...
source of income
Russia Boosts Oil Output Despite Western Pressure – Kommersant
Russia increased oil production in September as major Western countries debated energy price caps over Moscow’s invasion of Ukraine, the Kommersant...
paying the price
Oil Market Faces Shortfall With G7 Price Cap Plan – Russia
Moscow said G7 plans to cap the price of Russian oil would lead to a shortfall on world markets.
news
As Oil Prices Rally, Familiar Russia-Saudi Tensions Set to Rise
The OPEC+ oil cartel is set for a fresh showdown over its post-pandemic strategy to balance prices and production.
TURNING ON THE TAPS
Russia To Raise Oil Production Under New OPEC+ Deal
Oil prices jump as Russia secures deal to increase production in February.
CORONAVIRUS RECESSION
OPEC+ Deal Weighs on Russia’s Economic Recovery
Industrial production drops on oil cuts as lockdown restrictions lifted.
OIL CRASH
Explainer: What Happened to Oil Prices and What Does it Mean for Russia?
Oil prices in the U.S. went negative for the first time in history. Should Russia be worried?
DAMAGE LIMITATION
OPEC+ Deal Will Help Russia Avoid ‘Market Chaos,’ But Provides Little Support to Embattled Economy
The production cut will support oil prices and avoid a further ruble crash while the wider economic damage from coronavirus continues to build.
news
Markets Uninspired by ‘Historic’ Russia-Saudi Oil Deal
Analysts say cuts to supply do not match the crash in demand.
let's make a deal
Putin, Trump Hail OPEC+ Oil Deal: Kremlin
The Kremlin said the two agreed on the "great importance of an agreement in the 'OPEC+' format.
OPEC+ 2.0
Putin Says Russia Ready to Cooperate on Cutting Oil Production
The world's biggest oil producers will discuss a record round of production cuts by video conference Monday.
opinion
Andrey Movchan
War With OPEC Can’t End Well for Russia
Falling oil prices leave no chance Russia’s GDP will grow in 2020 — a bleak prospect for both ordinary people and once optimistic investors.
opinion
Chris Weafer of Macro-Advisory for bne IntelliNews
Oil War: Who Will Blink First?
The closing shoot-out scene of the spaghetti western “The Good, The Bad, and The Ugly” comes to mind.
news
Russia-Saudi Oil Alliance Under Pressure as Moscow Rejects Production Cuts
Russia rejected fresh oil production cuts in response to the coronavirus outbreak, leaving the future of Moscow-Riyadh oil cooperation in doubt.
SUIT YOURSELF
OPEC Could Deepen Oil Supply Cuts With or Without Russia
In an effort to stop the falling prices triggered by the spread of the coronavirus, OPEC may agree to deepen oil supply cuts this week regardless of Russia's...
CORONAVIRUS RESPONSE
Russia and Saudi Arabia to Discuss Oil Cuts as Coronavirus Rocks Market
OPEC+ gets ready for an emergency meeting to respond to 15% drop in oil prices.
OIL POLITICS
6 Things You Need to Know About OPEC+
What does Russia want from this week's meeting in Vienna?
ENERGY EXPORTS
Russia Unlikely to Cut Oil Output
Sources say Russia might agree to extend existing curbs at an OPEC+ meeting next month.
U.S.-RUSSIA RIVALRY
U.S. Shale to Overtake Russia’s Entire Oil and Gas Production
International Energy Agency forecasts falling share for Russia in world energy mix.
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