Russia will maintain its dialogue with global oil producers in order to keep oil markets balanced, Russian President Vladimir Putin said on Wednesday.

• October 3, 2018

Russian President Vladimir Putin said on Wednesday that his U.S. counterpart Donald Trump was right that the current oil price was too high.

• October 3, 2018

Brent crude rose to a four-year high on Wednesday, as the market focused on upcoming U.S. sanctions on Iran while shrugging off the year’s largest weekly build in U.S. crude stockpiles and reports of higher Saudi Arabian and Russian production.

• October 3, 2018

U.S. Secretary of State Mike Pompeo said on Monday he expected to meet with his Russian counterpart Sergei Lavrov in New York as Washington expressed concern at Moscow’s plans to supply the S-300 surface-to-air missile system to Syria.

• October 1, 2018

U.S. President Donald Trump has said the project increases reliance on Russian gas and has warned Western firms invested in it that they are at risk of sanctions.

• October 1, 2018

President Vladimir Putin said on Tuesday that the Russian state atomic energy firm Rosatom would start the construction of two new reactors at the Paks power nuclear plant in Hungary soon.

• October 1, 2018

U.S. energy companies cut oil rigs for a second consecutive week as new drilling stalled in the third quarter with the fewest additions in a quarter since 2017 due to pipeline constraints in the nation’s largest oil field.

• September 28, 2018

U.S. energy companies cut oil rigs for a second consecutive week as new drilling stalled in the third quarter with the fewest additions in a quarter since 2017 due to pipeline constraints in the nation’s largest oil field.

• September 28, 2018