Featured Oil & GasG7 shelves Russian oil cap reviews as prices soar ahead of supply cutsWebAdminSeptember 21, 2023 by WebAdminSeptember 21, 2023 The G7 countries along with the European Union and Australia imposed the price cap mechanism on Russian oil in December 2022, followed by a cap on fuel from February 2023... Read more
Featured Oil & GasMoscow plans to reveal new parameters, extends oil export reductionIFM CorrespondentSeptember 11, 2023 by IFM CorrespondentSeptember 11, 2023 Russia has been reducing output and exports in concert with Saudi Arabia in addition to current OPEC+ limits... Read more
Featured Oil & GasResponding to oil price caps, Russia to send more to AsiaWebAdminSeptember 22, 2022September 21, 2022 by WebAdminSeptember 22, 2022September 21, 2022 Before sending tens of thousands of troops into Ukraine in February, about half of Russia's oil and petroleum product exports went to Europe... Read more
Featured Oil & GasGlobal oil prices plunge as Saudi-Russia negotiations collapsePritam BordoloiMarch 9, 2020March 9, 2020 by Pritam BordoloiMarch 9, 2020March 9, 2020 Saudi Arabia decides to cut prices by nearly 10%... Read more
Oil & GasLukoil: Russia’s oil production to reach 12 bpd by 2035Pritam BordoloiDecember 18, 2019 by Pritam BordoloiDecember 18, 2019 Currently, Russia pumps around 11.2 million bpd of oil and condensate... Read more