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Russia affirms close oil cooperation with Saudi Arabia, OPEC+

Russia's energy ministry said on Friday it continues close cooperation with Saudi Arabia and OPEC and non-OPEC oil producers to enhance market stability and predictability......»»

Category: topSource: reutersOct 25th, 2019

Biden"s energy moves strengthen Russia, US rivals, undermine national security

President Biden’s executive orders that put the U.S. on a course to transition away from fossil fuels are a boon for Russia, Saudi Arabia and other adversaries and pose a threat to national security......»»

Category: topSource: foxnewsJan 28th, 2021

Russia, Saudis deadlock over whether OPEC should boost crude output: WSJ

Saudi Arabia and Russia deadlocked Monday over whether their producers’ alliance should boost crude output amid a resurgent pandemic, delegates said after a day of talks ended without a deal......»»

Category: topSource: foxnewsJan 5th, 2021

Coronavirus harms the oil market more than OPEC friction, oil commodities expert says

"I would say that ... 15% of this is Saudi Arabia and Russia and 85% of it is Covid," RBN Energy CEO Rusty Braziel said of the state of the oil market......»»

Category: topSource: madmoneyApr 20th, 2020

U.S. oil trades 2% lower, gives up 6% gain in electronic trade, after OPEC forges historic energy output cut with U.S., Russia

Oil futures Sunday evening bounced around, giving up a sharp gain in electronic trade, after Saudi Arabia, Russia and th.....»»

Category: topSource: marketwatchApr 12th, 2020

Saudi crown prince, Russia"s Putin discuss efforts to stabilize oil markets: SPA

Saudi Arabia's Crown Prince and Russian President Vladimir Putin reviewed in a telephone conversation on Friday the efforts to achieve stability of energy markets to support the growth of the global economy, Saudi state news agency (SPA) reported......»»

Category: topSource: reutersApr 10th, 2020

Trump says continued Saudi-Russia feud could lead to U.S. tax on foreign oil

President Donald Trump on Sunday said he would impose a tax on foreign oil if Saudi Arabia and Russia can’t settle their dispute which has led to a collapse in global energy prices......»»

Category: topSource: marketwatchApr 5th, 2020

Trump threatens tariffs on oil imports to "protect" U.S. energy workers

U.S. President Donald Trump said on Saturday he would impose tariffs on crude imports if he has to "protect" U.S. energy workers from the oil price crash that has been exacerbated by a war between Russia and Saudi Arabia over market share......»»

Category: topSource: reutersApr 4th, 2020

Saudi energy minister rejects Russian comments about kingdom"s withdrawal from OPEC+ deal

The Saudi energy minister on Saturday rejected Russia's remarks that the kingdom withdrew last month from a deal to cut output......»»

Category: topSource: reutersApr 3rd, 2020

Trump Today: Trump vows U.S. energy sector will come back as he sees Russia-Saudi oil agreement

President Donald Trump on Friday met with chiefs of major oil companies and vowed that the U.S. energy sector will revive and he reiterated he saw a Russia-Saudi Arabia deal in the offing......»»

Category: topSource: marketwatchApr 3rd, 2020

Commodities Corner: Why a Saudi Arabia-Russia deal to cut oil output would mean nothing without U.S. cooperation

Oil prices posted their largest weekly gain o.....»»

Category: topSource: marketwatchApr 3rd, 2020

Energy stocks propel broader market higher as crude soars on hopes for a Saudi-Russian truce

Energy stocks propelled the broader stock market higher Thursday, driven by a surge in crude prices on hopes that Saudi Arabia and Russia could step back from their price war.  .....»»

Category: topSource: usatodayApr 2nd, 2020

Dow closes more than 450 points higher on hopes of Russian-Saudi oil output cuts

Stocks closed higher on Thursday amid hopes that Saudi Arabia and Russia will curtail oil production, providing stability to energy markets roiled by the price war between the two crude exporters. The.....»»

Category: topSource: marketwatchApr 2nd, 2020

Energy stocks propel broader market higher as crude soars on hopes for a Saudi-Russia truce

Energy stocks propelled the broader stock market higher Thursday, driven by a surge in crude prices on hopes that Saudi Arabia and Russia could step back from their price war.  .....»»

Category: topSource: usatodayApr 2nd, 2020

Oil stocks soar after President Trump"s tweet of coming Saudi, Russia production cuts

Energy stocks soa.....»»

Category: topSource: marketwatchApr 2nd, 2020

Russia does not rule out returning to oil talks with Saudi Arabia

Russian Energy Minister Alexander Novak said on Thursday that Moscow may return to oil talks with Saudi Arabia......»»

Category: topSource: reutersApr 2nd, 2020

Saudi wants cooperation to bolster oil, blames Russia for turmoil: Gulf source

Saudi Arabia supports cooperation between oil producers to stabilize the oil market but Russia's opposition to a proposal last month to deepen oil supply cuts has caused market turmoil, a senior Gulf source familiar with Saudi thinking told Reuters......»»

Category: topSource: reutersApr 2nd, 2020

Trump says expects Russia-Saudi oil deal soon, invites US oil chiefs to White House

U.S. President Donald Trump said he has invited U.S. oil executives to the White House to discuss ways to help the industry "ravaged" by slumping energy demand during the coronavirus outbreak and a price war between Saudi Arabia and Russia......»»

Category: topSource: reutersApr 2nd, 2020

Trump says expects Russia-Saudi oil deal soon, invites U.S. oil chiefs to White House

U.S. President Donald Trump said he has invited U.S. oil executives to the White House to discuss ways to help the industry "ravaged" by slumping energy demand during the coronavirus outbreak and a price war between Saudi Arabia and Russia......»»

Category: topSource: reutersApr 1st, 2020

U.S. Energy Department urges Saudi, Russia to calm oil markets

The U.S. Energy Department on Wednesday urged Saudi Arabia and Russia to calm oil markets after the kingdom's crude supply rose to a record of more than 12 million barrels per day even as oil demand falters on the coronavirus pandemic......»»

Category: topSource: reutersApr 1st, 2020