Russia’s Oil Export Down 17.2% in Jan-April to 71.6 mln Tonnes
Russia’s crude oil exports decreased by 17.2% in January-April 2021 year-on-year to 71.57 mln tonnes, TASS reports citing the Central...
Energy
Oil Prices Rally Towards $70 as Demand Outlook Improves
Crude oil prices got a major boost this week thanks to optimistic expectations about demand from OPEC+ and rebalancing fuel...
Gazprom Pumps 13.5 Bcm of Gas through Turkstream in 2020
The volume of gas pumped through the TurkStream gas pipeline, commissioned in 2020, amounted to 13.51 bln cubic meters (bcm),...
All of Liquified Natural Gas from Russia’s Arctic for Next 20 Years Sold in Advance
Russia’s energy giant Novatek said on Wednesday it has inked 20-year agreements with the shareholders of its Arctic LNG 2...
Saudi Arabia May Sell 1% Of Aramco to a ‘Leading Global Energy Company’
Saudi authorities are currently negotiating a sale of 1% of state-owned oil company Saudi Aramco to an unnamed energy major,...
Oil to Hit $80 on Largest Ever Demand Jump
Goldman Sachs expects global oil demand to realize the biggest jump ever over the next six months, the investment bank...