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News // Поиск по тегу 'opec'

Opinion: All eyes on Russia in wake of Opec deal

Oil traders’ attention will turn to Russia following Opec’s landmark decision on crude output, said a prominent petro-economist.

01 December 2016 , 12:33Neftegaz.RU0

OPEC has reportedly agreed a production cut — and oil is going wild

The price of oil is surging after reports that the oil producers cartel OPEC has agreed a deal to cut output.

30 November 2016 , 18:04Neftegaz.RU0

OPEC focusing Pre-Vienna diplomacy on Iran, Russia - which is holding firm on a production freeze, not cut

With only a few days to go before OPEC Vienna meeting to ratify its oil cutback deal, and amid disturbing developments such as Saudi Arabia saying it will not attend a pre-meeting of non-OPEC members.

28 November 2016 , 11:03Neftegaz.RU0

Maduro: Venezuela has the OPEC deal in the bag

After earlier this week OPEC tabled the issue of Iran’s and Iraq’s participation in the OPEC deal until November 30, the markets might have thought there would be little jawboning left to do until that day. But not so fast.

25 November 2016 , 17:37Julianne GeigeNeftegaz.RU0

Iran optimistic on OPEC production cuts after Barkindo visit

Iranian Oil Minister Bijan Zanganeh said he’s optimistic that OPEC members will agree to proposed production cuts at a meeting in Vienna later this month.

22 November 2016 , 14:09Neftegaz.RU0

Putin sees few problems with freezing oil production

There are no serious issues standing in the way of an OPEC production proposal and Russia is ready to do its part by freezing output, president Putin said.

22 November 2016 , 10:11Daniel J. GraeberNeftegaz.RU0

Let's consider freezing oil production, Russia says

Major oil-producing nations could implement a freeze in output levels as a tool to bring the market back into balance, Russia's energy minister said.

21 November 2016 , 13:00Daniel J. GraeberNeftegaz.RU0

Russia stirs oil production proposal pot

Talks over production levels are expected to yield positive results, including any talks with Iranian representatives gathered in Doha, a Russian minister said.

18 November 2016 , 12:05Daniel J. GraeberNeftegaz.RU0

Saudi Arabia and Russia to meet ahead of OPEC meeting

Saudi Arabia’s Energy Minister Khalid al-Falih and his Russian counterpart Alexander Novak are said to be heading to Qatar later this week for an unscheduled meeting, according to industry sources quoted by Reuters.

16 November 2016 , 18:00Tsvetana ParaskovaNeftegaz.RU0

Profits for Russian oil giant Rosneft tumble

Pointing to ongoing pressures from the weak oil economy, Russian oil company Rosneft said its profit for the third quarter dropped more than 70 %.

14 November 2016 , 10:11Daniel J. GraeberNeftegaz.RU0

Russian oil producer boasts of gains

At a time when major producers are assessing output, Russian energy company Rosneft reported third quarter production levels were up 1 %.

11 November 2016 , 10:06Daniel J. GraeberNeftegaz.RU0

Analysts worry that Trump win puts pressure on Opec deal

Even though their political predictions were once again proven spectacularly wrong with the surprise election of Donald Trump as the 45th U.S. president, analysts lost no time worrying that his win will upset OPEC attempt to prop up oil prices.

10 November 2016 , 14:11Neftegaz.RU0

Trump victory sends oil lower

Fears that a return of protectionist policies will extend the global oil glut weighed on prices, though analyst said a Trump win could ultimately boost oil stocks.

09 November 2016 , 18:00Paul WhitfieldNeftegaz.RU0

BP´s Bob Dudley expects oil to «easily» reach $55 in 2017

Bob Dudley, CEO of BP, told Bloomberg that he expects oil to «easily» reach $55 next year because the market «is generally in balance» – remarks that closely follow sentiments he expressed at the World Energy Conference in Istanbul last month.

09 November 2016 , 10:06Neftegaz.RU0

High drama in Vienna causes some observers to think Saudis are bent on quashing output deal

By most counts, the long-standing rivalry between Saudi Arabia and Iran flared up again at the worst possible time, reportedly during the recent meeting among OPEC that was intended to pave the way for ratification of an oil output reduction deal later this month.

08 November 2016 , 18:00Neftegaz.RU0

Russia continues to raise its oil production

Goldman Sachs’ commodity analysts are a merciless bunch. Just the other day they warned that if OPEC fails to agree on a freeze, crude oil prices will dive back to US$40, adding that even if the agreement was reached, non-OPEC producers would continually ramp up their production, rendering any deal ineffective.

07 November 2016 , 01:08Irina SlavNeftegaz.RU0

Russian and Venezuelan energy ministers discussed oil output freeze deal

Venezuelan Embassy in Russia said that Venezuela's Oil and Mining Affairs Minister Eulogio del Pino arrived in Moscow for a visit.

25 October 2016 , 16:04Neftegaz.RU0

Moody's raised its outlook on the bank system for oil-rich Russia

Though problem loans will continue to drag on performance, Moody's said it raised its outlook on the bank system for oil-rich Russia from negative to stable.

24 October 2016 , 17:27Daniel J. GraeberNeftegaz.RU0

Russian Energy Minister discussed with OPEC SecGen the situation on the oil market

Russia is a crucial partner in addressing energy challenges and both sides are committed to stable oil markets, said OPEC Secretary General Mohammed Barkindo.

24 October 2016 , 15:31Neftegaz.RU0

Saudi´s Al-Falih and Russia´s Novak discussed energy cooperation

Russia and Saudi Arabia have signed a joint memorandum of cooperation in the oil and gas sectors.

24 October 2016 , 10:21Neftegaz.RU0

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