Oil prices gain around 1 pct on U.S.-China trade hopes
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.
Gazprom grabs record share of Europe gas market despite challenges
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.
U.S. senators to try again to pass Russia sanctions bill
A bipartisan group of U.S. senators introduced a bill on Wednesday that would impose stiff new sanctions on Russia over its meddling in U.S. elections and aggression against Ukraine, the latest congressional effort to push President Donald Trump to ratchet up Washington’s response to Moscow.
Trump calls on OPEC to 'relax,' says oil prices are too high
U.S. President Donald Trump on Monday expressed concern about oil prices and repeated his previous calls on the Organization of the Petroleum Exporting Countries (OPEC) to keep prices steady.
Despite Putin's swagger, Russia struggles to modernize its navy
President Vladimir Putin calls improving the Russian navy’s combat capabilities a priority.
After Putin's warning, Russian TV lists nuclear targets in U.S.
Russian state television has listed U.S. military facilities that Moscow would target in the event of a nuclear strike, and said that a hypersonic missile Russia is developing would be able to hit them in less than five minutes.
Exclusive: Russia's Sechin raises pressure on Putin to end OPEC deal
Igor Sechin, head of Russian oil giant Rosneft and one of Vladimir Putin’s closest allies, has written to the Russian president saying Moscow’s deal with OPEC to cut oil output is a strategic threat and plays into the hands of the United States.
For Putin, economic and political reality dampen appetite for arms race
With his ratings down and state funds needed to hedge against new Western sanctions and raise living standards, Russian President Vladimir Putin cannot afford to get sucked into a costly nuclear arms race with the United States.
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