Oil & Gas Hole in Russia’s Budget to Reach $726mn, Ministry Predicts
Russia’s Finance Ministry expects the federal budget’s shortfall in oil and gas to amount to 55.8 billion rubles ($726 million)...
Energy
Gazprom Resumes Power of Siberia Supplies After Maintenance Break
Russia’s Gazprom said on Wednesday that it restarted natural gas deliveries to China following the completion of regular maintenance at...
Putin Calls for Action on ‘Challenging’ Energy Market
Russian President Vladimir Putin called on Wednesday for global oil producers and consumers to address "challenging" oil markets, Reuters reported....
Trump Offers to Negotiate in Saudi-Russia Oil Spat
U.S. President Donald Trump said Tuesday he was ready to help resolve the escalating Saudi Arabia-Russia oil price war, DW...
Oil Gains on Promise of U.S.-Russia Energy Talks
Oil prices have rallied after a phone call between Donald Trump and Vladimir Putin raised hopes that tensions between Moscow...
Oil Price Hits Lowest Point Since 2002 as Demand Outlook Worsens
The price of Brent oil hit its lowest point in almost 18 years on Monday, as investors feared the worsening...