Oil jumps after Russia dangles prospect of OPEC cooperation
Oil futures surged on Wednesday after Russia indicated there was a possibility of co-operation with OPEC, fanning hopes for a deal to reduce a global oversupply that sent prices to the lowest levels in over a dozen years last week.
Iraq says Saudi, Russia change tone on possible oil deal
OPEC kingpin Saudi Arabia and top non-OPEC producer Russia are showing signs of flexibility about agreeing to tackle an oil glut that has pushed prices to 12-year lows, the oil minister of Iraq said on Tuesday.
Putin's top security adviser says U.S. is after Russia's minerals
The head of Russia's Security Council said in a newspaper interview published on Tuesday that the United States wanted a weakened Russia so as to gain access to its vast mineral resources.
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.
Germany's Schaeuble wants to foster Mideast strategy with Russia
Europe needs to make a greater contribution to stabilizing the Middle East and should think about developing a joint strategy with Russia to reduce tensions between regional powers Iran and Saudi Arabia, German Finance Minister Wolfgang Schaeuble said.
No special status for east Ukraine without ceasefire: president
Ukraine will not give its eastern regions greater autonomy until a lasting ceasefire with pro-Russian separatist rebels is in place, President Petro Poroshenko said on Sunday, in comments that could antagonize the rebels and the Kremlin.
Kerry Says Efforts Could Lead To Lifting Russia Sanctions In Months
U.S. Secretary of State John Kerry says he believes Washington may be able to consider lifting sanctions it imposed on Russia over its involvement in violence in Ukraine later this year if Moscow complies with the Minsk peace deal.
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.
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