Page 15 - Russia Oil Production

OPEC wins, the West loses

Judges, investors force oil firms towards low-carbon future

Russia, Saudi Arabia at odds over output deal ahead of Opec+ meeting

Russian Deputy Prime Minister Alexander Novak has voiced support for a gradual increase in oil output amid improving demand

Russia to ramp up military presence in far east over geopolitical tensions

Russian Defence Minister Sergei Shoigu has said the military presence will be strengthened in the Far East in the wake of rising geopolitical tensions in the region.

Opec cuts output to lowest since 1991 as coronavirus slams oil demand

The Organization of Petroleum Exporting Countries cut production by 1.93 million barrels a day to 22.69 million a day last month, according to the survey.

Brent tumbles to lowest since 2002, US crude dips below $20 per barrel

With Saudi Arabia and Russia set to flood the market with oil next month, producers and shippers have been scrambling to lock oil up in storage as demand falls.

Oil plunges 25%, hit by erupting Saudi Arabia-Russia oil price war

A nearly 25% slump in oil prices triggered panic-selling and heavy losses on Wall Street's main stock indexes as the rapid spread of coronavirus amplified fears of a global recession

BPCL stake sale may get delayed over falling oil prices, market crash

As confidence on equities declines, large oil producers may hesitate to loosen their purse strings, thereby impacting valuations too

'Crazy' Saudi oil price cuts seen reigniting market share war with Russia

Deal between Russia and OPEC shook on Friday when OPEC, led by Saudi Arabia, failed to reach agreement with the world's No. 2 oil producer Russia to deepen production cuts aimed at shoring up prices.

Russian oil output breaches OPEC target again ahead of Vienna talks

Russia currently has about 500,000 barrels a day of spare production capacity, according to Gazprom Neft PJSC, the country's third-largest producer

Russia's oil exports to Europe dips as fuel quality on offer deteriorate

Russia increased oil pipeline exports to China by almost 50 per cent in January-April from a year earlier to 12.4 million tonnes

Russian oil production cutting drive stalled in February

The country's oil and gas condensate output remained at 11.11 million bpd last month