Russia
Russia Articles
The International Energy Agency (IEA) fears that decreased investment in exploration for new sources of crude threaten to drive prices much higher unless new projects are approved and begun soon.
Published:
Last Updated:
U.S. commercial crude inventories increased by 600,000 barrels last week, according to the U.S. Energy Information Administration.
Published:
Last Updated:
U.S. commercial crude inventories decreased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
Published:
Last Updated:
As the year comes to an end, you can expect to see more and more 2017 forecasts. Fitch Ratings is joining in on that trend.
Published:
Last Updated:
The price for crude Monday morning is about $46 a barrel, and where it goes from there depends on the outcome of a meeting of OPEC oil ministers scheduled for Wednesday in Vienna.
Published:
Last Updated:
The OPEC meeting on November 30 could result in a cut of nearly 2% to the world’s daily output if Saudi Arabia gets its way. The Saudis are pushing a cut to daily production to a ceiling of 32.5...
Published:
Last Updated:
The government of India recently kicked off a new program to attract foreign aircraft makers to build military fighter jets for the Indian Air Force in India using the foreign companies' technology.
Published:
Last Updated:
For the first time in three months, the price of a barrel of West Texas Intermediate (WTI) crude oil appears set to close above $50. WTI for November delivery reached an intraday high of $50.51 and...
Published:
Last Updated:
On the sidelines of the G20 summit meeting in Hangzhou, the Russian and Saudi Arabian oil ministers met and agreed to create a producers’ group that would meet regularly to monitor the oil markets....
Published:
Last Updated:
Iran reportedly is "sending positive signals" that it may support a freeze on production at the OPEC meeting scheduled for next month.
Published:
Last Updated:
It turns out that there may just be a few points driving all this gold demand. And to make matters even more complex, those pressures may only get stronger ahead.
Published:
Last Updated:
While passenger airlines were booking strong profits in 2015 due primarily to low fuel costs, cargo carriers had a tougher time.
Published:
Last Updated:
BP and Russia's state-controlled oil company Rosneft have agreed to create a new joint venture to explore for oil in west and central Siberia. The venure is called Yermak Neftegaz.
Published:
Last Updated:
An International Energy Agency expert told CNBC on Friday that the world's two largest producers, Russia and Saudi Arabia, are expected to pump "as much oil as possible."
Published:
Last Updated:
U.S. drivers can expect to gasoline prices this summer to average about 22% less than last year, according to the U.S. Energy Information Administration.
Published:
Last Updated: