UPDATE 1-CERAWEEK-OPEC to maintain cuts to reduce global inventories -official
The Organization of the Petroleum Exporting Countries is expected to review global oil demand and supply balance as the group maintains production cuts during its April meeting, a senior Gulf oil official said on Monday.
Oil gains 1 percent as Saudi minister stands by OPEC output cuts
Oil prices rose 1 percent on Monday, lifted by comments from Saudi Energy Minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June.
Despite Putin's swagger, Russia struggles to modernize its navy
President Vladimir Putin calls improving the Russian navy’s combat capabilities a priority.
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.
OPEC likely to defer output policy decision until June: sources
OPEC and its partners are unlikely to decide on their output policy in April as it would be too early to get a clear picture of the impact of their supply cuts on the market by then, three OPEC sources said on Monday.
Russia needs EU guarantees on TurkStream pipeline: Medvedev
Russian Prime Minister Dmitry Medvedev told his Bulgarian counterpart Boiko Borissov on Monday that Russia needs guarantees from the European Commission prior to choosing Bulgaria as a route for its TurkStream gas pipeline project.
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.
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