Analysts predict further oil price crash
Industry
The collapse of Russia and Opec talks to further deepen oil exports due to the coronavirus are set to create
All posts in Aleksandr Novak
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Russia rejects Opec output cuts
Policy
Oil prices have tumbled after Russia refused to reach a deal with Opec to reduce output to counter the slump
Russia refuses to reveal Opec output policy
Production
Russia appears to have increased oil output ahead of the meeting tomorrow (Wednesday) with Opec (Organisation of Petroleum Exporting Countries)
Russian energy minister mulls deeper Opec oil output cut
Consumption
Russia has said it needs more time to decide whether to agree to further Opec oil output limits, questioning how
Oil prices rebound but uncertainty forecast
Consumption
Oil prices have rebounded as output from the world’s largest oil producers fell during the third quarter, although the restoration
Saudi minister committed to oil supply cut
Consumption
Saudi Energy Minister Khalid al-Falih says he told his Russian counterpart, Aleksandr Novak, during talks in Moscow that Saudi Arabia
Oil prices rise amid talk of Russia supply cut extension
Production
Oil prices rose above US$62 a barrel yesterday (Tuesday) as Opec and Russia looked closer to agreeing to withhold supplies,
Russia set to reveal cost of oil pipeline blunder
Consumption
A joint commission of Russian and Belarusian representatives will start to reveal the losses from the contaminated Druzhba oil pipeline
Russia ready to restore oil exports
Industry
Russia says it is nearly ready to restore supplies of uncontaminated oil to Europe through both north and south branches
Novak promises Russian compliance with Opec+ cuts
Industry
Russian Energy Minister Alexander Novak says the country’s oil producers will be fully compliant with Opec-led supply cuts over the
Russia oil output defies agreed cuts
Production
Russian oil output declined to 11.38 million barrels per day (bpd) last month, or by around 35,000 bpd from October
Gazprom expects record EU exports
Policy
Russian de-facto gas export monopoly Gazprom is expected to set a new record for exports to Europe, indicating the need
Oil prices reach $80 a barrel
Production
Oil prices briefly touched US$80 a barrel on Wednesday for the first time since May after US stockpiles fell by
Gazprom to axe UK jobs
Policy
Russian de-facto gas monopoly Gazprom is axing hundreds of jobs at its overseas trading and export offices and moving them