Showing posts with label prices. Show all posts
Showing posts with label prices. Show all posts

Thursday, December 01, 2016

Russia ready to join OPEC's new output freeze deal

Russian Energy Minister Alexander Novak on Wednesday welcomed the OPEC's newly-clinched oil output freeze agreement, saying that Russia was ready to join the deal to stabilize global oil market.

Saturday, November 05, 2016

Venezuelan proposal to freeze oil output can stabilize prices. A price of 80 $ benefits the global economic system

Venezuela's proposal for oil-producing countries to freeze oil output could stabilize prices in the next few months if adopted, President Nicolas Maduro said Friday.

Monday, October 10, 2016

Brent Oil Price Hits Highest Level in a Year

Brent North Sea crude rose to $53.45 a barrel on Monday — its highest price in a year after President Vladimir Putin indicated Russia was ready to join measures to limit global oil production.

Friday, June 17, 2016

Russian Energy Minister sees no reasons for oil production freeze at current price

No reasons are in place to contract or freeze oil production at its current price, Russian Energy Minister Alexander Novak on Friday in an interview at the St. Petersburg International Economic Forum (SPIEF).

Monday, April 18, 2016

OPEC meeting ends without deal on oil production freeze

The world's biggest oil producers have failed to reach an agreement at a meeting aimed at freezing output and reassuring markets that a recent recovery in prices could be sustained.

Wednesday, April 13, 2016

Around 17 countries expected at oil output freeze talks in Doha — Russian energy minister

Russia’s Energy Ministry has received preliminary information on participation of 17 countries in the meeting in Doha scheduled for April 17, the Minister Alexander Novak said Wednesday, adding that more accurate information will be available by the end of this week.

Friday, March 18, 2016

More than 150 killed in Angola yellow fever outbreak

A yellow fever epidemic has killed 158 people in Angola, with more than 50 deaths occurring last month alone, the World Health Organization officials have said.

Thursday, March 17, 2016

EU, Israel discuss export of Israeli natural gas

The European Union's envoy to Israel met Wednesday with Israel's Energy Minister Yuval Steinitz to discuss possible exports of the country's newly found natural gas to Europe.

Saturday, February 27, 2016

Gazprom Slashes Gas Supplies to Turkish Companies

Russia’s largest natural gas supplier has decreased supplies to Turkey because some Turkish firms have not paid the full amount they owe, Rambler News Service reported.

Tuesday, February 16, 2016

Russia, Saudi Arabia Agree Oil-Output Freeze

Russia and Saudi Arabia, the world's two largest crude producers, have agreed to freeze output, as long as others follow suit.

Tuesday, January 19, 2016

Two-thirds of Norwegian oil wealth could disappear

 If crude prices remain at current low levels, Norway could lose two-thirds of its estimated oil wealth, according to an analysis done by the country's largest business newspaper Dagens Næringsliv.

Friday, January 15, 2016

Oil prices drop below $30 as global markets slide

Oil prices have fallen below $30 a barrel, a new 12-year low, amid renewed concerns of slow growth in China - the world's second largest economy.

Wednesday, January 13, 2016

Oil Prices Drop Over China Weak Economic Outlook Not Middle-Eastern Crises

Global oil prices are sliding downward primarily due to a weak economic outlook in key commodity consuming countries, such as China, whereas the mounting political tensions in the Middle East are unlikely to boost the demand, experts told Sputnik Wednesday.

Tuesday, January 12, 2016

Oil price down again on oversupply concerns

Oil prices have been volatile again, hit by continuing oversupply, the strong dollar and weak global demand.

Tuesday, December 29, 2015

Kiev expects West to offer price for gas below $200 per 1,000 cubic meters — (PM)

Kiev expects its western partners to offer gas price below $200 per 1,000 cubic meters, Ukraine’s Prime Minister Arseniy Yatsenyuk said on Tuesday.

Monday, December 21, 2015

Brent oil hits 11-year low as oil extends slide on glut worries

European benchmark Brent crude slid to an 11-year low on Dec. 21 as oil prices resumed their slide in an oversupplied global market facing the prospect of renewed US exports.

Wednesday, November 25, 2015

Gazprom ceases gas supplies to Ukraine until new payments

Gazprom ceases gas supplies to Naftogaz of Ukraine until new payments; Ukraine refusing to buy Russian gas creates risks for gas transit to Europe and gas supplies for the Ukrainian consumers, Gazprom Head Alexey Miller said Wednesday.

Friday, November 20, 2015

Thursday, November 12, 2015

El Niño worsens food security in East Africa (UN)

An estimated 32.1 million people in East Africa would need food aid by the beginning of 2016 due to El Niño phenomenon, the UN has said.

Tuesday, November 10, 2015

Asia to Become World Leader in Gas Demand by 2030, Outstrip US

Asian countries’ consumption of natural gas will overtake that of the United States by 2030, making Asia the world leader in the sphere, the International Energy Agency (IEA) said in its latest annual World Energy Outlook report.

EL News