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Russia

A pumpjack drills for oil in the Monterey Shale

Oil prices fall on rise in U.S. drilling, strong dollar

17/10/2016(0)
Oil prices fell early on Monday, pulled down by a rising rig count in the United States, a strong dollar and record OPEC-output which comes amid slowing global economic ... Read More
Deloitte

Russia Suspends U.S. Auditor Deloitte

14/10/2016(0)
U.S auditing company Deloitte has been sanctioned by Russia‘s Federal Treasury, the Kommersant newspaper reported Wednesday. The Russian Treasury suspended Deloitte and Touche CIS from Russia’s self-regulatory Auditing Chamber of Russia, preventing the company ... Read More
High-gas-prices

Oil prices fall on higher OPEC output, rise in U.S. crude stocks

13/10/2016(0)
Oil prices fell on Thursday after OPEC said its production had risen to the highest level in at least eight years and following reports of an increase in U.S. ... Read More
ruble

Ruble best performing emerging market currency since OPEC deal in Algeria

06/10/2016(0)
The Russian currency is extending its gains on Wednesday, buoyed by rising oil prices. The ruble has outpaced the Argentinian peso, Hungarian forint, Taiwanese dollars and other emerging market ... Read More
OPEC logo

OPEC Agrees to First Oil Output Cut in Eight Years

29/09/2016(0)
Oil club to cut output to as low as 32.5 million barrels a day Deal indicates Saudi Arabia and Iran resolved some differences OPEC agreed to the outline of ... Read More
china-markets

Asia Stocks Fall as Oil Rebounds Before Output Talks; Lira Sinks

26/09/2016(0)
Turkey’s lira extends slide after Moody’s cut rating to junk Crude rebounds ahead of OPEC talks aimed at limiting output Asian stocks dropped by the most in two weeks ... Read More
cftc-logo

CFTC Orders JSC VTB Bank and VTB Capital PLC Jointly to Pay a $5 Million Civil Monetary Penalty

20/09/2016(0)
The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against banking institutions JSC VTB Bank (VTB), headquartered in St. Petersburg, Russia, and VTB Capital PLC (VTB ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil edges lower amid scepticism about output freeze

07/09/2016(0)
Oil prices inched lower on Wednesday as market participants remained skeptical that producers will reach an agreement to freeze output to rein in a global supply glut. London Brent ... Read More
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

Saudi, Russia Vow Oil Cooperation Without Agreeing to Freeze

06/09/2016(0)
Countries have ‘number of tools’ for joint action, Novak says Oil pares gains as rapprochement falls short of concrete steps The world’s top two crude-oil producers pledged to cooperate ... Read More
An oil pump is seen in Lagunillas

Oil Rally Fervor Cools as OPEC Output at Record Before Talks

05/09/2016(0)
Investors cut bets on oil rally by most in two years: CFTC OPEC production reached 33.69 million barrels a day last month Investors are realizing that OPEC’s talk of ... Read More
Broker Cyprus TopFX