Friday, November 22

Browsing: OPEC

OPEC nations face credit downgrades as crisis drags on

2 Mins ReadApril 8, 2020

The coronavirus pandemic and the oil price collapse are rapidly deteriorating the sovereign rating outlook – with more multi-notch downgrades…

Kingdom’s Madness: Saudi Arabia Blames Russia For ‘Agressive Actions’ On Oil Market

4 Mins ReadApril 6, 2020

the Saudi-leadership blamed Russia for the instability on the energy market accusing it of launching an oil war. Saudi Arabia’s…

Russia Didn’t Support Termination of OPEC+ Deal, Putin Eager to Have Constructive Talks

1 Min ReadApril 5, 2020

The day before, it was reported that the main participants in the OPEC+ group supported the idea of meeting on…

Oil recovers from decades’ lows as Russia & US agree energy talks

2 Mins ReadMarch 31, 2020

The price of crude rebounded on Tuesday from an 18-year low after Russian President Vladimir Putin and his US counterpart…

The Worst Is Over for Oil Markets

4 Mins ReadNovember 21, 2019

By Nick Cunningham Some analysts see the world dodging a recession next year, which provides some upward room for oil prices.…

Russia says it missed OPEC+ oil production target last month

2 Mins ReadOctober 21, 2019

Russian authorities say they have missed a target for curbing daily production of oil set by the Organization of the…

Russia’s Gold Reserves Scale New Highs in Growing Shift From US Dollar

4 Mins ReadSeptember 8, 2019

by Svetlana Ekimenko Russia has been stockpiling gold bullion in recent years in an attempt to lessen its economy’s reliance on…

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