Saudi Energy Minister Khalid al-Falih says he told his Russian counterpart, Aleksandr Novak, during talks in Moscow that Saudi Arabia
Oil prices have risen following last week’s improved US market data but fears about the global economy have limited increases.
Opec’s secretary general, Mohammed Barkindo, says “unscientific” attacks on the oil sector by environmentalists are “perhaps the greatest threat to
Russia’s average daily oil output last month stayed below its Opec+ target, repeating the trend seen in May’s output, as
Russia and Opec’s production cuts are due to expire this month with a 1.2 million barrels per day (bpd) production
The fall of the U.S. stock market over past two weeks has pulled global markets and oil prices down with
Round numbers attract attention, so when the price for Brent crude oil passed $70/barrel two weeks ago, the world took
Volatile domestic politics defined the world in 2017, an unpredictability that has left its mark on the European energy climate.