oil

Russian Armed Forces General Staff found out in a lie about Turkey buying oil from Islamic State. PHOTOS The Russian Defense Ministry has once again been caught in a lie. The version of the General Staff of the Armed Forces of the Russian Federation regarding the purchase of oil by Turkey from ISIS appeared to be ludicrous. 03.12.15 14:25 130 669 350 World

Russia Adopted Budget 2015 With Oil Price $96 Per Barrel and Dollar at 37 Rubles Russian State Duma on Friday in the third and final reading passed the budget 2015 and the planning period for 2016-2017. 21.11.14 21:37 74 786 335 Economics

Oil Drops to $88. OPEC Does Not Plan to Cut Production Brent crude fell to just above $88 a barrel on Tuesday in a well-supplied market as expectations faded that OPEC could cut output and shore up prices. 14.10.14 09:39 33 735 311 World

Oil prices slumped to 2008 minimum: Brent - $57.06, WTI - $53.05 Oil fell for a fourth day, extending losses from a five-year low amid speculation that U.S. crude inventories will stay at the highest level since June, offering no relief from a global glut. 30.12.14 12:29 22 685 294 Economics

Iraq resorts to dumping in battle for oil market: some varieties sold at $30, - Reuters Iraq has set the official selling price of Basra Heavy in Europe at $10.40 a barrel for December, that is much below Brent's price. 19.11.15 22:45 50 979 291 Economics

OPEC to tolerate cheaper crude in 2015, - Reuters OPEC countries are prepared to tolerate cheaper crude for longer to defend market share and curb rivals' output. 29.08.15 14:45 41 879 290 Previously in trend: Sanctions against Russia

Russia to Lose $55 Billion Due to Oil Prices Collapse Russia is working on a "stress" scenario under the main directions of the monetary policy, which involves a sharp decline in oil prices. 25.09.14 13:32 50 374 286 Previously in trend: Sanctions against Russia

Brent crude falls to $60.15 a barrel Oil prices are dropping due to an unexpected increase of the U.S. reserves. 25.12.14 12:13 20 513 281 Economics

Oil Prices Could Slide to $60 per Barrel if OPEC Does not Agree Significant Output Cut Thursday - Reuters Some commodity fund managers believe oil prices could slide to $60 per barrel if OPEC does not agree a significant output cut when it meets in Vienna this week. 24.11.14 20:33 57 675 270 Economics

Russian oil companies played the volume of oil spill in the Black Sea down hundredfold - WWF. PHOTOS+VIDEO According to the World Wildlife Fund (WWF), the Russian oil giant Transneft and Rosneft officials traditionally played the oil spill and its scope down. 26.12.14 23:11 73 010 268 Incidents

New oil price slump to follow Russia-Saudi rivalry in Europe, - Reuters Saudi Arabian steps into rival Russia's backyard, as it pushes sales into north Europe's refineries, piles fresh pressure on oil prices already struggling against oversupply . 09.11.15 23:01 99 871 261 Economics

Oil prices may fall to $25 a barrel, - Russian Deputy Prime Minister Deputy Prime Minister Arkadiy Dvorkovich does not rule out a short-term drop in oil prices to $25 per barrel. 28.12.15 16:40 43 102 252 Economics

Saudi Arabia killing Russian economy in its campaign to control oil prices, - Business Insider A year ago, Oil Minister of Saudi Arabia Ali Naimi made it plain that he didn't care what happened to Russia if oil-producing countries failed to cooperate with Saudi-dominated OPEC on keeping prices high by restricting production. 24.12.15 22:41 66 681 248 Economics

Ukraine may benefit from oil price plunge, - Yatseniuk Drop in oil prices witnessed in the last few months in the world markets is positive for Ukraine. 26.08.15 17:05 19 156 241 Economics

Russian authorities say fire at oil depot in Belgorod began after attack by Ukrainian aircraft. VIDEO An oil depot is on fire in Belgorod, Russia. 01.04.22 08:06 79 798 240 Previously in trend: War

Oil Price Could Fall to $ 85 Per Barrel Within a Month or Two. This Is a Devastating Blow to Economy of Russia - Media The world market price of oil has been decreasing for the third month running. 11.09.14 13:23 102 774 238 Previously in trend: Sanctions against Russia

Brent crude oil trades at $30 per barrel Brent crude oil price goes down on Thursday, trading near the mark of $30 per barrel in anticipation of oil supply increase, which should follow lifting of sanctions against Iran next week. 14.01.16 09:59 36 973 235 Economics

US Predicts Drop in Oil Prices Below $40 - Media Some players in the U.S. oil derivatives market stake on the extreme scenario - a fall in prices below $40 per barrel, according to CME. 05.12.14 10:06 44 987 233 Economics

Burning tank facility has been under investigation, and its real volume of oil is unknown, - Turchynov According to information received, there were about 14,000 tons of oil products at the tank facility burning near Kyiv. 09.06.15 15:34 69 324 232 Previously in trend: Fire at tank facility near Kyiv

US Congress lifts 40-year-old ban on oil exports, - WSJ The House voted Friday to lift the 40-year-old ban on oil exports, fueling a clash with President Barack Obama and acting on one of the oil industry’s top congressional priorities. 09.10.15 23:58 48 670 225 Economics

Saudi Arabia "not prepared" to cut oil production The Foreign Minister of Saudi Arabia said on Thursday, after the top exporter agreed with Russia to freeze output if major rivals follow. 18.02.16 20:30 47 029 223 Economics

Ready to impose serious sanctions against Russia when all NATO countries stop buying oil from it, - Trump US President Donald Trump claims that he is ready to impose serious sanctions against Russia, but on one condition. 13.09.25 15:04 17 590 219 Previously in trend: Sanctions against Russia

Brent crude oil fell to $44.16 per barrel Oil prices continue to decline. This morning, the price of December futures for North Sea Brent Blend fell to $44.16 per barrel at the Intercontinental Exchange in London. 13.11.15 10:10 24 473 213 Economics

Oil falls, Brent traded at $48.62 per barrel Aug. 18, the Intercontinental Exchange saw the fall of price of North Sea Brent Blend for October delivery by 1,172 per cent - to $48.62 per barrel. 18.08.15 12:01 23 368 211 Economics

Oil prices close to 2015 low upon OPEC decision Crude prices fell on Monday in the first trading session after OPEC members failed to agree on output targets to reduce a bulging oil glut that has cut prices by more than 60 percent since June 2014. 07.12.15 09:43 41 749 203 Economics

Oil Prices Continue Falling. Brent Drops to $81.05 Brent crude slipped near $81 a barrel on Wednesday, close to a four-year low as a mounting oil glut created by the U.S. shale boom continued to outweigh concerns about supplies from Libya. 12.11.14 12:40 24 373 193 World

Hungary won't support sanctions against Russian oil and gas. "It's red line," Szijjarto Hungary won't support any sanctions against Russian gas, oil, and nuclear energy, as it will be a "red line" for Budapest. 07.04.22 11:43 18 445 189 Previously in trend: Sanctions against Russia

Russia's oligarchs lost $11 billion in just 10 days of oil price plummeting, - The Telegraph The gilded generation of Russia's richest men have suffered drastic losses during the market turmoil this year, hastening the end of an era of world dominance 19.01.16 00:03 40 916 187 Economics

Falling oil prices hit Russia much harder than Western sanctions - Washington Post Plummeting oil prices are doing to the Kremlin what sanctions could not: forcing a grim rethinking of Russia’s economic future. 03.12.14 14:20 31 580 185 Previously in trend: Sanctions against Russia

Russia fails to persuade Iran to freeze oil output, - Reuters A global deal to freeze oil production could be signed in April and exclude Iran, which has the right to boost output after years of sanctions. 14.03.16 23:07 22 407 184 World

EU Targets Russian Oil Groups With New Sanctions - Financial Times The EU is preparing to bar Russia’s state-controlled oil companies from raising funds on European capital markets, a significant expansion of the bloc’s economic sanctions that would hit some of the country’s largest energy groups, including Rosneft. 05.09.14 10:45 49 029 182 Previously in trend: Sanctions against Russia

14 fuel containers continue burning at the oil depot near Kyiv, - State Emergency Service. PHOTOS One large and 13 small fuel containers continue burning at the tank facility in Kriachky village of Vasylkiv district, the Kyiv region, as of 8:30 a.m. Thursday. 11.06.15 09:10 73 695 179 Previously in trend: Fire at tank facility near Kyiv

Rada refused to transfer Kurchenko's oil to Armed Forces. People's Front party left the session hall in protest The Verkhovna Rada refused to support the bill, which allowed for the transfer of the confiscated oil of oligarch Serhii Kurchenko to the Armed Forces of Ukraine free of charge. 19.06.15 17:13 80 705 179 Ukrainian Politics

Iran boosts oil production amidst nuclear sanctions lifting, - Associated Press Iran is aiming to increase its oil production by 500,000 barrels per day now that sanctions have been lifted under a landmark nuclear deal with the U.S. and EU. 18.01.16 18:43 33 445 178 Economics

Russia satisfied with current oil price, Putin says Russia is content with current oil price, although it could be a little higher. 05.09.16 21:12 49 634 177 World

Brent crude oil traded below $43 a barrel The price of North Sea Brent Blend fell below $43 a barrel on Wednesday evening, Dec. 2, 2015. 02.12.15 21:15 42 138 170 Economics

Share of Russia’s budget oil and gas revenues slumped from 70 to 45 percent, - PM Medvedev The share of the Russian federal budget revenues from oil and gas production fell from 70 to 45 percent. 05.02.16 23:03 22 628 167 Previously in trend: Economic disaster

Hungary will not support sanctions against Russian gas and oil and will not allow arms to be supplied to Ukraine through its territory, - Siyarto Hungary will not join European Union sanctions against Russian oil and gas. 19.04.22 14:31 23 113 163 Previously in trend: Sanctions against Russia War

Ukraine Won Property Rights for 1,500 km of the Russian Pipeline The prosecutor's office of the Rivne region won Ukraine’s ownership of the Samara West Direction and Groznyi-Armavir-Trudovaya parts of the pipeline in the court of law. 26.11.14 18:17 39 458 161 World

Ukraine Plans to Purchase Oil from Azerbaijan - Prodan Ukraine and Azerbaijan are discussing possibility of oil supplies from the Republic to the Ukrainian refineries. 10.09.14 01:40 53 018 160 Ukrainian Politics

Lukashenko Promised Poroshenko to Help Ukraine with Oil Products Belarus will assist Ukraine providing oil products. 04.08.14 14:18 29 857 157 Ukrainian Politics

Ukraine comes up with alternative to Russian oil supplies, Energy Minister Demchyshyn says Ukrainian traders have replaced oil supplies from the Russian Federation in the amount of 170,000 tons per month by means of alternative sources. 19.11.15 13:59 66 716 156 Economics

Belarus plans to buy 30% of oil via Ukraine - Lukashenko Belarusian President Alexander Lukashenko has said that Belarus plans to buy 30% of oil via Ukraine. 21.01.20 18:04 20 518 154 Economics

All those involved in the tragedy, as well as those who turned a blind eye to the construction of a tank farm facility next to the military arsenals, will bear criminal responsibility,- Turchynov The fire at the tank farm in Vasylkiv district of Kiev region raised a lot of problematic issues. 11.06.15 22:45 17 418 153 Incidents

Russia’s oil export revenues exceed pre-war levels - Bloomberg Russia’s net oil revenues reached $11.3bn in October, which is 31% of the country’s total budget for the month. 06.12.23 16:11 14 699 152 World

Podoliak called on international community to increase supplies of air defense systems to Ukraine Adviser to the President's Office Mykhailo Podoliak called on the international community to increase supplies to Ukraine of air defense systems and ammunition for jet systems, as well as to impose an embargo on oil imports from Russia and close ports for Russian ships. 23.03.22 11:22 13 137 151 Previously in trend: War

"Nobody gives any rush to Soviet propaganda mill style lies," Turkish PM commented on Kremlin’s statements Prime Minister of Turkey Ahmet Davutoglu called the accusations of oil deliveries from the "Islamic State" terrorists, which had been put forward by Moscow against Turkey, the "product of the Soviet propaganda machine". 03.12.15 15:36 30 593 146 World

Fugitive oligarch Kurchenko's petroleum no longer arrested The Pechersk district court of Kyiv has removed the arrest of petroleum products used as physical evidence in criminal proceedings with respect to illegal import and sale in the territory of Ukraine of petroleum products belonging to the firms of fugitive oligarch Serhii Kurchenko. 26.10.15 14:46 31 025 146 Previously in trend: Kurchenko’s shadow empire