USD ЦБ — 57,86 +0,01
EUR ЦБ — 71,27 −0,06
Brent — 66,62 +0,79%
March, Tuesday



Question of the week

Will the russian Turkish stream be launched, or an apology to Erdogan is not enough?

poll archive

News // Middle East and OPEC

OPEC drafting agreement to institutionalize market cooperation with Russia, other allies

OPEC is drafting an agreement that would institutionalize the producer group´s oil market cooperation with Russia.

16 February 2018 , 12:06Neftegaz.RU2850

Russia gets $41.5 billion boost from OPEC deal

 Since the start of the OPEC-Russia cut deal, Russia’s oil companies and government have received the equivalent of around $41.5 billion more in proceeds.

14 February 2018 , 14:07Tsvetana ParaskovaNeftegaz.RU3120

Libyan oil production hits post-Gadhafi high

Total oil production from Libya in January was close to 1 million barrels per day.

09 February 2018 , 14:06Daniel J. GraeberNeftegaz.RU2510

U.S oil production to surpass Saudi Arabia, rival Russia this year, says IEA

U.S. domestic crude oil production this year is likely to exceed 10 million b/d.

23 January 2018 , 16:06David BradleyNeftegaz.RU3100

Venezuela presides over OPEC in 2018

Venezuela has assumed the rotating presidency of the OPEC.

22 January 2018 , 13:00Neftegaz.RU2840

Saudi Arabia and Russia: there was «unwavering resolve» to limit oil production

OPEC and non-members met in Oman.

22 January 2018 , 10:26Neftegaz.RU4340

Russian effort to comply with OPEC balancing effort based on market, not price

The situation on the market, not the price of oil, determines Russia's appetite for complying with the OPEC balancing act.

17 January 2018 , 12:07Daniel J. GraeberNeftegaz.RU3440

Russia to discuss possible exit from OPEC deal

Russia may be on its way out of the OPEC output reduction deal, Alexander Novak said.

15 January 2018 , 10:25Zainab CalcuttawalaNeftegaz.RU3560

Russia sees OPEC & Co exit oil cuts pact very smoothly

OPEC and its non-OPEC allies led by Russia will exit the production cuts deal very smoothly.

25 December 2017 , 13:00Nefteagz.RU3520

Energy Minister: Kazakhstan comfortable with oil at $62-63

Kanat Bozumbayev assured that the country has a plan in case of deviation from the OPEC agreement to extend oil output cut.

07 December 2017 , 16:11Neftegaz.RU3810

OPEC and Russia agreed to extend oil production cuts until the end of 2018

OPEC agreed to extend production curbs to the end of next year.

01 December 2017 , 10:10Neftegaz.RU4200

Forget OPEC, Putin is calling the shots in global oil

Do you remember who first said anything about extending the oil production cut deal until the end of next year?

29 November 2017 , 16:07Irina SlavNeftegaz.RU4200

Oil prices move lower in Russian fence-sitting

Doubts about the durability of the OPEC-led effort to balance the mark sent crude oil prices lower.

16 November 2017 , 12:10Daniel J. GraeberNeftegaz.RU4130

Azerbaijan would support further OPEC balancing actions

Azerbaijan is ready to get in line behind any extraordinary effort needed to stabilize the market if a plan develops.

20 October 2017 , 18:00Daniel J. GraeberNeftegaz.RU4930

Gazprom Neft unhappy with OPEC-Russia production cut deal

Gazprom Neft is holding its nose to the OPEC/non-OPEC production cut deal because it has made the company cut its production growth targets.

17 October 2017 , 16:09Tsvetana ParaskovaNeftegaz.RU5570

Algeria and Russia committed to continuing efforts to stabilize oil market

Algeria and Russia underlined convergent views to rebalance the oil market.

11 October 2017 , 14:09Neftegaz.RU6250

Summer best time to back out of OPEC deal, Russia says

It's best to draw out of the OPEC-led effort to balance the market with production cuts during the summer when demand is high.

29 September 2017 , 13:30Neftegaz.RU6040

Nigeria ready to play OPEC ball, Russia says

Nigeria may be ready to give up its status as an OPEC member exempt from the effort to balance the market with production cuts.

25 September 2017 , 10:21Neftegaz.RU5240

Russia says it's doing more than it needs to for oil market balance

Russia is doing more than it needs to in order to move the level of oil on the market closer to the 5-year average.

14 September 2017 , 10:14Neftegaz.RU4600

U.S. dollar, not OPEC, driving markets, Russian oil boss says

The value of the U.S. dollar is having more of an impact on oil markets than the OPEC effort to trim production.

08 September 2017 , 18:00Daniel J. GraeberNeftegaz.RU5600

Neftegaz.RU context