Tag: OPEC

The Kremlin on setting a price ceiling for Russian oil: this move will destabilize the oil market

Kremlin spokesman Dmitry Peskov warned of the consequences of the G-7 imposing a ceiling on the price of a barrel of Russian oil and...

The authorities of Russia and Iran are moving to create a global “cartel” for gas

Energy site oilprice said, according to Russia today, that Russia and Iran are moving towards a global cartel (alliance) that will include gas exporters...

Saudi Energy Minister: OPEC+ has the ability to cut production at any time and in many ways

Saudi Energy Minister Prince Abdulaziz bin Salman said "fluctuating oil markets and poor liquidity are sending the wrong signals to markets at a time...

Oil moves to a weekly increase, and Brent oil is approaching the $100 ceiling.

Oil prices rose slightly today, with crude contracts approaching a weekly gain as recession worries eased and Brent crude futures rose 23 cents, or...

Iranian Oil Minister: We are ready to return to the global energy market as soon as possible

Iranian Oil Minister Javad Ochi said that "Iran is ready to return to the global energy market as soon as possible."Augi pointed out during...

Iranian Oil Minister: We are ready as soon as possible to return to the crude oil production ceiling we were at before the embargo

Iranian Oil Minister Javad Ochi stressed that "the upcoming winter will be very hard for Europeans and the rest of the world", highlighting "the...

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