Putin hails energy security boost from Russia's first LNG floating storage
President Vladimir Putin opened Russia’s first liquefied natural gas (LNG) floating storage and regasification unit (FSRU) on Tuesday, saying it bolsters the country’s energy security.
Oil up more than 4 percent on U.S.-China trade talk hopes, OPEC cuts
Oil prices jumped more than 4 percent on Wednesday as the extension of U.S.-China talks raised hopes of easing trade tensions between the two superpowers, while OPEC-led crude output cuts also provided support.
Oil rises in choppy trade as OPEC supply cuts vie with demand worry
Oil prices rose more than 1 percent on Thursday in volatile trade, drawing support from signs that Saudi Arabia is cutting crude output but pressured by concerns that slowing global economic growth could dent demand.
Putin hails energy security boost from Russia's first LNG floating storage
President Vladimir Putin opened Russia’s first liquefied natural gas (LNG) floating storage and regasification unit (FSRU) on Tuesday, saying it bolsters the country’s energy security.
Oil posts first year of losses since 2015
Oil prices ended with full-year losses for the first time since 2015, after a desultory fourth quarter that saw buyers flee the market over growing worries about a supply glut and mixed signals related to renewed U.S. sanctions on Iran.
Russian oil output reaches record high in 2018
Russian oil production rose to a post-Soviet record high of 11.16 million barrels per day (bpd) last year on an annual average basis, data from its energy ministry showed on Wednesday.
U.S. envoy says Russia can't be trusted on Ukraine gas transits
European efforts to keep Russia shipping gas through Ukraine after the opening the Nord Stream 2 pipeline across the Baltic Sea are futile, the top U.S. energy diplomat said on Tuesday, saying Russia could not be trusted.
Oil prices climb on OPEC-led cuts, but off session highs
Oil prices jumped more than 2 percent on Friday as Saudi Arabia and other producers in OPEC, as well as allies like Russia, agreed to reduce output to drain global fuel inventories and support the market.
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