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Russian Energy Ministry

Russian Energy Ministry latest

Brent crude oil fell to $77.82 a barrel on Monday, a drop of $1.41. (Shutterstock)
July 3rd, 2018 - 11:55 GMT

Oil Prices Decline as Supplies Increase From Saudi Arabia and Russia

Oil prices dropped on Monday as supplies from Saudi Arabia and Russia increased and the market continued to absorb the impact of US President Donald Trump’s weekend tweets — although analysts expect the decline to be short-lived.
Read more
In this article, Ellen Wald lists five reasons why oil prices are soaring. (AFP/ File)
November 7th, 2017 - 07:00 GMT

5 Reasons Why Oil Prices Are Soaring (No, It's Not the Saudi Arrests)

Up to fifteen oil producing countries, which produce 73 percent of the world's oil, are prepared to freeze their oil production. (File photo)
March 10th, 2016 - 08:00 GMT

Russia to hold oil production-freeze talks late March

OPEC's last meeting in November ended without concrete plans to change the status quo. (File photo)
December 29th, 2015 - 10:00 GMT

Russia's playing the blame game over oil prices

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