Russia oil

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Russia Likely to Back Extension of OPEC Deal as Prices Stabilize
2017/09/03 09:17
EghtesadOnline: Russia is likely to back a further extension of the OPEC agreement cutting oil output, judging that it has helped to stabilize the market, the country’s deputy prime minister said.
Russia-OPEC Deal Extension Hastens Decline of Oil Heartlands
2017/06/01 15:04
EghtesadOnline: Russia’s deal with OPEC has bolstered state coffers by putting a floor under crude prices, but it’s also had one unintended consequence: depressing output in the nation’s West Siberian oil heartlands.
Oil dips on rising U.S. crude inventories, defies expected supply cut extension
2017/05/17 13:13
EghtesadOnline: Oil prices fell on Wednesday after data showed an increase in U.S. crude inventories, stoking concerns that markets remain oversupplied despite efforts by top producers Saudi Arabia and Russia to extend output cuts.
Saudis, Russia Favor Extending Oil Output Curbs by 9 Months
2017/05/15 08:42
EghtesadOnline: Saudi Arabia and Russia said they favor extending oil-output cuts by global producers through the end of the first quarter of 2018 to shrink a market glut. Crude prices jumped.
Saudi Arabia and Russia Signal Oil-Cuts Extension Into 2018
2017/05/09 08:38
EghtesadOnline: Saudi Arabia and Russia signaled they could extend production cuts into 2018, doubling down on an effort to eliminate a supply surplus just as its impact on prices wanes.
OPEC Ministers to Meet Russia Amid Push to Extend Cuts
2017/04/27 10:05
EghtesadOnline: The energy ministers of OPEC members Saudi Arabia and Venezuela plan to meet their Russian counterpart to discuss extending oil-output cuts amid a developing consensus that they should prolong their joint effort to curb supply.
Russia's Oil Cuts Won't Be So Easy If OPEC Deal Is Extended
2017/04/25 22:41
EghtesadOnline: For Russian oil companies, the historic agreement to boost prices by cutting output in conjunction with the Organization of Petroleum Exporting Countries was an easy win. Extending the deal will be less straightforward.
Russian Economy Crawled to Growth With Recession in Rearview
2017/04/02 13:28
EghtesadOnline: Russia’s economy returned to growth at the end of 2016, turning the page on seven consecutive quarters of contraction that laid waste to the middle class after oil prices crashed.
Russia Can Wait for $70 Oil Before Re-Entering Arctic Waters
2017/03/29 17:43
EghtesadOnline: Russia can wait for a sustained recovery in oil prices before drilling again in Arctic waters, relying for now on less costly regions even as rival producer Norway accelerates development of its northerly fields.
Russia Needs Data on Oil Supply, Markets to Decide on More Cuts
2017/03/27 17:29
EghtesadOnline: Russia isn’t ready to support a possible extension of oil-supply cuts into the second half of the year, even as more crude producers acknowledge they will probably need to do so to achieve their goals of balancing the market and firming up prices.