While Russia’s neighbors Kazakhstan and Azerbaijan favor an extension of oil production cuts because of the expiration of this month, […]
Tag: Alexander Novak
Oil prices are prolonged, Saudi insurance extended
Friday oil prices lasted their recovery, marking the best two-day profit since April, as Saudi Arabian energy minister assured the […]
OPEC yet to agree final deal as Iran seeks exemptions
Iran appeared on Friday to be the main obstacle for an OPEC deal to cut oil production as the group’s […]
IEA’s Birol appeals for ‘common sense’ as oil producers weigh supply cut
Oil supply cuts by key producers could have negative implications for markets, the head of the International Energy Agency said […]
Russian Energy Minister Novak says plans to sign OPEC partnership deal
Russian Energy Minister Alexander Novak said on Monday that the country was planning to sign a partnership agreement with the […]
Oil climbs 1 percent on prospect of OPEC, Russia supply cut
Oil prices rose by around 1 percent on Monday amid expectations that top exporter Saudi Arabia will push producer club […]
Oil dips as Russia signals output will stay high
Oil prices edged lower on Monday as Russia signaled output will remain high, but losses were limited ahead of U.S. […]
