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Tag Archives: russia

OPEC+ Meeting Preview: What does oil market expect following Russian-Saudi talks on oil strategy?

On Monday’s talks over the phone, Saudi Crown Prince Mohammed Bin Salman and Russian President Vladimir Putin discussed OPEC+ cooperation with particular focus on the necessity to maintain the stability of crude oil prices ahead of a virtual OPEC+ meeting scheduled for Wednesday.Wednesday meeting, which will take place at 1100 …

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Oil is recovering from early losses

Crude oil prices moved in a narrow range on Tuesday, as expectations about the future of demand were affected by a weekly survey that showed shrinking factory activity in China and the International Monetary Fund’s warning that the global economy will face a difficult year. Brent crude futures recovered from …

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Britain bans all imports of Russian gas

The British government announced the termination of all gas contracts with the Russian government, and the British Foreign Office indicated that the decision comes to undermine the Russian war in Ukraine. The United Kingdom’s Foreign, Commonwealth and Development Office announced that it had ended all imports of Russian liquefied natural …

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