One of the key Russian officials to foster a supply pact with OPEC, Kirill Dmitriev, signalled on Monday Russia wanted to raise oil output when it meets with OPEC in June because of improving market conditions and falling stockpiles.

• April 8, 2019

Oil prices rose to a five-month high on Monday, driven by expectations that global supplies would tighten due to fighting in Libya, OPEC-led cuts and U.S. sanctions against Iran and Venezuela.

• April 8, 2019

OPEC oil supply sank to a four-year low in March, a Reuters survey found, as top exporter Saudi Arabia over-delivered on the group’s supply-cutting pact while Venezuelan output fell further due to sanctions and power outages.

• April 1, 2019

Oil prices held steady on Monday as investors weighed concerns of a slowdown in global economic growth against the prospect of tighter crude supply and lower U.S. inventories.

• March 25, 2019

Oil prices rose about 1 percent on Monday, boosted by reports that the United States and China could reach a formal agreement as early as this month to end a tit-for-tat trade war that has limited global economic growth.

• March 4, 2019

Russia’s Gazprom increased its share of the European gas market last year despite a rising challenge from imports of U.S. liquefied natural gas (LNG), company officials told investors in Hong Kong on Tuesday.

• February 28, 2019

Rosneft is seeking further tax relief for its Priobskoye oilfield, Russia’s largest, but the finance ministry considers the request “inexpedient”, a spokeswoman said on Friday.

• February 11, 2019

Russia is complying fully with its pledge to cut oil production gradually, Energy Minister Alexander Novak said on Monday.

• February 4, 2019