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Oil slides as OPEC ties supply cut to Russia; Moscow said to only back limited move

Oil prices fell on Friday, pulled down by OPEC's move to delay a final decision on output cuts as its awaits support from heavyweight supplier Russia, which is reported to not want to reduce its output by more than 150,000 barrels per day (bpd)......»»

Category: topSource: reutersDec 7th, 2018

IEA sees global oil supply tightening more quickly in 2019

The global oil market could move into deficit sooner than expected, thanks to OPEC's output agreement with Russia and others and to Canada's decision to cut supply, the International Energy Agency said on Thursday......»»

Category: topSource: reutersDec 13th, 2018

Russia Plans Oil Boost Amid Supply Uncertainties, Pressure From Trump

Russia’s energy minister signaled Friday that a coalition of producers could pump more oil than agreed by year-end, a move which would please the Trump administration but signal the possible death of an OPEC production deal......»»

Category: topSource: wsjJul 27th, 2018

Russia Says It Will Support OPEC Plan to Lift Crude Supply

Russia threw its support behind Saudi Arabia’s plan to ramp up global oil production in the face of higher prices, after more than a year of holding back output in coordination with OPEC......»»

Category: topSource: wsjJun 23rd, 2018

As OPEC Meets to Lift Output, Big Oil Companies Are Holding Back

Rather than responding to rising prices with fresh investment, Western oil companies have retrenched, a move many now say threatens a longer-term supply crunch......»»

Category: smallbizSource: wsjJun 21st, 2018

Rising Tensions in Syria"s Southwest Complicate Moscow"s Ties with Tehran

The Syrian regime is threatening to move against an antigovernment stronghold in the country’s southwest, raising pressure on Russia to keep Iran and its proxies out of a fight that could inflame tensions with Syria’s neighbor, Israel......»»

Category: topSource: wsjMay 29th, 2018

Trump puts the brakes on new Russia sanctions: official

The White House has pushed back fresh measures against Moscow, in a move that appears to walk back comments made by U.S. Ambassador to the United Nations Nikki Haley over the weekend. Dhruv Tikekar reports......»»

Category: videoSource: reutersApr 17th, 2018

McDonald's is ready for St. Patrick's Day with the limited return of Shamrock Shakes

Move over Valentine's Day, McDonald's Shamrock Shakes are back for a.....»»

Category: topSource: usatodayFeb 15th, 2019

Sanctions, OPEC cuts push Asia"s sour crude oil prices above Brent

Middle East oil benchmarks Dubai and DME Oman have nudged above prices for Brent crude, an unusual move as U.S. sanctions on Venezuela and Iran along with output cuts by OPEC tighten supply of medium to heavy sour oil, traders and analysts said......»»

Category: topSource: reutersFeb 11th, 2019

Exclusive: Russia"s Sechin raises pressure on Putin to end OPEC deal

Igor Sechin, head of Russian oil giant Rosneft and one of Vladimir Putin's closest allies, has written to the Russian president saying Moscow's deal with OPEC to cut oil output is a strategic threat and plays into the hands of the United States......»»

Category: topSource: reutersFeb 8th, 2019

Russia Flexes Its Muscle in the Middle East

Moscow looks for stronger ties with traditional allies of the U.S......»»

Category: europeSource: wsjJan 22nd, 2019

Oil gains with Wall Street, but rising U.S. fuel stocks weigh

Oil prices edged higher on Wednesday, buoyed by a U.S. equity market rally and a supply cut agreement by OPEC+, but gains were limited by data showing growing U.S. refined product inventories and record crude production......»»

Category: topSource: reutersJan 16th, 2019

Oil rises 2 percent on supply cuts but global slowdown looms

Oil prices rose around 2 percent on Tuesday amid production cuts by OPEC and Russia as well as signs of lower U.S. oil stocks, but grim Chinese economic data raised fears for global growth......»»

Category: topSource: reutersJan 15th, 2019

Oil prices rise on supply cuts, but global slowdown looms

Oil prices rose on Tuesday amid supply cuts by producer club OPEC and Russia, although a darkening economic outlook may soon weigh on growth in fuel demand......»»

Category: topSource: reutersJan 15th, 2019

Oil prices rise 1 percent amid supply cuts, but economic slowdown dims demand outlook

Oil prices rose by around 1 percent on Tuesday amid supply cuts led by producer club OPEC and Russia, although a darkening economic outlook may soon weigh on growth in fuel demand......»»

Category: topSource: reutersJan 15th, 2019

Oil up 1 percent amid supply cuts, but China slowdown weighs on demand outlook

Oil prices rose by more than 1 percent on Tuesday amid supply cuts led by producer club OPEC and Russia, although a darkening economic outlook may soon weigh on growth in fuel demand......»»

Category: topSource: reutersJan 15th, 2019

Oil rises 1 percent on supply cuts, but economic slowdown weighs on outlook

Oil prices rose 1 percent on Tuesday amid supply cuts led by producer club OPEC and Russia, although a darkening economic outlook capped gains......»»

Category: topSource: reutersJan 14th, 2019

Oil rises 1 percent on supply cuts, but gloomy economic outlook caps gains

Oil prices rose by 1 percent on Tuesday amid supply cuts by producer club OPEC and Russia, although analysts said much bigger gains were unlikely because of a darkening economic outlook capped gains......»»

Category: topSource: reutersJan 14th, 2019

OPEC oil output posts biggest drop since 2017 on Saudi move

OPEC oil supply fell in December by the largest amount in almost two years, a Reuters survey found, as top exporter Saudi Arabia made an early start to a supply-limiting accord while Iran and Libya posted involuntary declines......»»

Category: topSource: reutersJan 3rd, 2019

Escobar On Conquering Crimea: The "Civilized" & The "Barbarians"

Authored by Pepe Escobar via The Asia Times, Washington insists sanctions will remain until Russia returns the peninsula to Ukraine, but this will never happen. For Moscow, Crimea is back to where it belongs, an.....»»

Category: blogSource: zerohedgeDec 21st, 2018

OPEC and Russia Strike Deal to Cut Oil Production

OPEC and Russia have agreed to a deal to join in a significant production cut that would mop up a burgeoning global oil supply glut......»»

Category: topSource: wsjDec 8th, 2018