Oil prices fall on signs of rising global supply
Oil prices fell on Wednesday and posted the worst monthly performance since mid-2016 on evidence of rising global crude supply, but losses were limited by signs of strong U.S. demand for fuel.
Mattis looks to calm European allies nervous about INF treaty
U.S. Defense Secretary Jim Mattis said on Sunday that the United States was in consultation with its European allies on an arms control treaty, as NATO members urge Washington to try to bring Russia back into compliance with the pact rather than quit it.
Hedge funds cut bullish bets on oil to lowest for over a year: Kemp
Hedge fund managers continued to liquidate former bullish positions in oil last week and for the first time in more than a year clear signs of fresh short-selling emerged.
U.S. exit from nuclear arms pact increases risks of war: Gorbachev
Mikhail Gorbachev, the last Soviet leader, denounced on Friday a U.S. decision to leave an arms control treaty that helped end the Cold War, saying it heralded a new arms race which increased the risk of nuclear conflict.
Russia ready to continue cooperation with OPEC and non-OPEC oil producers
Russia is ready to continue cooperation with OPEC and non-OPEC oil producers, Russian Energy Minister Alexander Novak told reporters on Thursday, adding that the oil market is currently in balance despite volatile inventories.
Russia will target European countries if they host U.S. nuclear missiles: Putin
President Vladimir Putin said on Wednesday that Russia would be forced to target any European countries that agreed to host U.S. nuclear missiles following Washington’s withdrawal from a landmark Cold war-era arms control treaty.
NATO chief sees new U.S. missile deployments in Europe as unlikely
NATO’s top official on Wednesday blamed Russia for breaching a landmark nuclear arms pact that Washington is talking about quitting, but said he did not believe the Russian threat would lead to new deployments of U.S. missiles in Europe.
Oil slumps 5 percent as global equities tumble, Saudi supply assurances
Oil prices plunged about 5 percent on Tuesday to two-month lows as a sell-off in global equity markets raised worries about demand growth and after Saudi Arabia said it could supply more crude quickly if needed, easing concerns ahead of U.S. sanctions on Iran.
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