“Russian energy majors are putting pressure on Western oil buyers to use euros instead of dollars for payments and introducing penalty clauses in contracts as
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“Russian energy majors are putting pressure on Western oil buyers to use euros instead of dollars for payments and introducing penalty clauses in contracts as
Read more“Russia and Saudi Arabia are pumping an extra 1 million barrels a day of oil and could do even more. Yet the market [has had
Read more“For #Russian #oil companies, the historic agreement to boost prices by cutting output in conjunction with [#OPEC] was an easy win. Extending the deal will
Read moreA federal judge … tentatively rejected a plan by the federal Bureau of Land Management to open more than 1,500 square miles of lands in
Read moreMonday’s announcement of a joint Russia-Saudi Arabian working group to explore avenues for stabilizing the oil market—while short on details and immaterial for actual supply
Read moreRussia’s economy returns to modest growth next year, but faces medium-term risks from volatility in crude oil prices, the International Monetary Fund said. An IMF
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