Russia says still a risk of excessive oil output, sharp price fall
There is a still a risk that oil producers pump out too much crude and prices fall sharply, Russia’s energy minister said on Monday, suggesting Moscow might support an extension of output cuts at a meeting of leading oil producing countries next month.
Saudi's Falih: only Russia is still undecided on OPEC deal extension - TASS
Saudi Energy Minister Khalid al-Falih said Russia was the only remaining oil exporter still undecided on the need to extend the global output deal between OPEC and its allies until the end of the year, TASS news agency reported on Monday.
Russian oil flows to Europe drop amid contamination
The quality of Russian crude is gradually improving after a contamination scandal that rocked oil markets, buyers said on Tuesday, but Russia’s energy minister cautioned that it will take until the second half of May to fix the problem.
Orban says he discussed missiles and natural gas with Trump
Hungarian Prime Minister Viktor Orban on Friday said he had discussed the purchase of mid-range air defense missiles at a meeting with U.S. President Donald Trump on Monday.
Russia to restart clean oil supply via Druzhba fully in May or early June
Exports of clean Russian oil via the Druzhba pipeline, interrupted due to contamination, will be fully restored in late May or early June, Russian Energy Minister Alexander Novak said on Wednesday.
OPEC sees more 2019 demand for its oil as it keeps cutting output
OPEC said on Tuesday that world demand for its oil would be higher than expected this year as supply growth from rivals including U.S. shale producers slows, pointing to a tighter market if the exporter group refrains from raising output.
Pompeo says he told Russia's Lavrov election interference is inappropriate
U.S. Secretary of State Mike Pompeo said he discussed concerns about interference in upcoming U.S. elections with Russian Foreign Minister Sergei Lavrov on Monday and told him interference was “not appropriate.”
Pompeo to raise 'aggressive, destabilizing' Russian actions with Putin, Lavrov
Mike Pompeo will make his first trip to Russia as U.S. secretary of state next week for talks with President Vladimir Putin and Foreign Minister Sergei Lavrov on “aggressive and destabilizing actions” Moscow has taken around the world, a senior State Department official said on Friday.
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