oil producers

Pump jack and pipes are seen on an oil field near Bakersfield on a foggy day, California

Oil Drops After Saudis Say Will Freeze Output Only If Iran Joins

04/04/2016(0)
Will boost sales if others lift output: Deputy crown prince Russian production expands to set post-Soviet high in March Oil extended declines after Saudi Arabia’s deputy crown prince said ... Read More
opec-1

Non-Opec member Oman yet to be invited to Doha meeting

21/03/2016(0)
Oman has said it’s yet to receive an invite to a historic meeting of oil producers, where they’re expected to discuss freezing output to support prices. This is despite ... Read More
oil and gas platforms

Oil prices jump to $40

18/03/2016(0)
Crude oil is back from the dead — for now at least. Oil prices jumped to $40 a barrel on Thursday for the first time since early December. The ... Read More
russia oil

What oil freeze? Saudi Arabia and Russia pump more

15/03/2016(0)
So much for that agreement to freeze output. The latest oil market data reveal that both Russia and Saudi Arabia ramped up their oil production in February, despite talks about supply ... Read More
rubles

How the Unshackled Ruble Has Changed Russia’s Economy Forever

10/11/2015(0)
The weaker currency has hit consumers hard but helped oil producers Today marks the one-year anniversary of the freeing of the ruble for the first time in its post-Soviet ... Read More
Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Brent steady above 61 dollars

18/12/2014(0)
Brent crude held steady above $61 a barrel on Thursday, bringing a sharp drop in prices to a temporary halt as companies are forced to cut upstream investments around ... Read More
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