OPEC, Russia talk of oil teamwork, but Saudi talks of investment
Senior OPEC and Russian oil industry officials stepped up vague talk on Monday of possible joint action to remedy one of the worst supply gluts in decades, while Saudi Arabia signaled its resolve to allow the market to balance itself.
Ukraine Levies $3.5 Billion Fine On Russia's Gazprom
Ukraine's state antimonopoly agency has imposed a $3.5 billion fine on Russia's Gazprom for allegedly abusing its monopoly control of Ukraine's natural-gas transit system.
The Far-Reaching, Unexpected Effects Of Falling Oil Prices
What do a Kurdish Peshmerga fighter, a Russian villager, and an American miner have in common? They have all been adversely affected by plunging oil prices.
Iran says Arak reactor not yet decommissioned, work ongoing
Iran has not yet decommissioned the Arak heavy water reactor, one of its obligations under the nuclear deal with world powers to win a reprieve from sanctions, but expects to do so in the coming days, a senior Iranian official said.
Coalition Air Strikes 'Cut IS Oil Revenues By Third'
The U.S.-led coalition fighting Islamic State (IS) militants says its air strikes have cut oil production by the group in Syria and Iraq by around 30 percent.
Ruble Slides 1.7 Percent, Oil Price Drops To 11-Year Low
The Russian currency has dropped to 74.58 per dollar, the weakest ever on a closing basis.
Russia Seeks To Drive Wedge Into Central Asia
Russia appears to be practicing a bit of "divide-and-conquer" politics in Central Asia, and state-owned Gazprom is spearheading the campaign.
Norway Says Raw Uranium Shipped To Iran Under Nuclear Deal
Norway says it helped finance and verify a shipment of 60 tons of raw uranium to Iran as part of Tehran's nuclear agreement with world powers.
|
