Russia

Saudi Arabia and Kuwait are expected to sign an agreement on Tuesday that could restart about 500,000 barrels a day of crude oil production.
Paul Ausick
OPEC and its partners have agreed to cut an additional 500,000 barrels a day of crude oil production during the first quarter of 2020. The reduction is not likely to make much difference to oil...
Paul Ausick
OPEC is expected to announce that the cartel will slash an additional 500,000 barrels a day from production, lowering daily global crude oil supply by 1.7 million barrels a day.
Paul Ausick
The OPEC Monthly Oil Market Report for August was released today. It didn't make much noise when it landed.
Paul Ausick
Although demand from crude oil is expected to rise over the next several quarters, the size of the increase is shrinking. And OPEC is not going to be able to turn that situation around by reducing...
Paul Ausick
The OPEC ministers meeting in Vienna dutifully rubber-stamped an agreement made last week at the G-20 meeting in Osaka between Russia and Saudi Arabia.
Paul Ausick
The OPEC ministers semi-annual meeting begins Tuesday, but the outcome was announced last Saturday in Japan.
Paul Ausick
Oil has long been a key barometer for a real-time reading on the global economic picture. There may be a move to clean energy and renewables, but oil still dominates the energy world.
Jon C. Ogg
A bipartisan group of four U.S. Senators introduced legislation that would give the U.S. Department of Justice authority to sue members of the OPEC for antitrust violations. How good are its chances...
Paul Ausick
The price gyrations might not have been as extreme as in years past, but central banks were major gold buyers in 2018. Here are the 15 nations and government-related entities that dominate the global...
Jon C. Ogg
OPEC and its partners reportedly have agreed to cut 1.2 million barrels of daily oil production beginning in January and lasting through June 2019. Crude prices are soaring.
Paul Ausick
Saudi Arabia and Russia agreed last week to curb production next year, but details still need to be worked out. In Canada, the province of Alberta has mandated a production cut in an effort to push...
Paul Ausick
Ahead of next week's OPEC meeting in Vienna, Russian president Vladimir Putin and Saudi crown prince Mohammed bin Salman are planning to meet on the sidelines of this week's G20 meeting to set a...
Paul Ausick
The U.S. crude oil inventory posted it 10th consecutive weekly rise last week and prices, which had drifted lower Wednesday morning, first dipped lower then steadied.
Paul Ausick
What might happen at the OPEC meeting next week could be decided this week at the G-20 meeting in Brazil.
Paul Ausick