Caspian Pipeline Companies Want to Divert More Oil to Russia: Report
Oil producers from Kazakhstan, which export crude via the Caspian pipeline consortium (CPC), are seeking to divert flows to Russia’s...
Energy
Russia Tells Oil Producers to Cut Output by 20%: Report
The Russian Energy Ministry has told domestic oil producers to reduce oil output by about 20% from their average February...
Russian Gold Miners to Get Full Export Rights Amid Pandemic
Russia will start granting permanent licenses for miners to export gold instead of one-off rights, a decree showed on Monday,...
Russia Says Cartel Play Behind Oil Price Plunge, Proposes Take-Or-Pay System
Russia suspects a cartel agreement was behind Monday’s massive plunge in global oil prices and suggests switching to take-or-pay contracts...
Russia, Saudi Arabia Confident of Achievable New OPEC+ Targets
Russia and Saudi Arabia are firmly committed to fulfilling the fresh OPEC+ deal on cutting oil output, the Russian Energy...
Crashing Demand Takes Oil Price to 2002 Low
Oil prices extended their slump Wednesday, with WTI hitting the lowest level since 2002 as planned output cuts were deemed...