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Daily (3.03.2017): Oil down 2%, clouded by supply worries, stronger dollar

Crude oil prices fell over 2% on Thursday after Russian crude output remained unchanged in February at 11.11 million barrels per day (bpd).

read more... 03/03/2017

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Lukoil hopes to reach a deal on two Iranian oilfields in April

Russia’s second-largest oil producer Lukoil hopes to secure a deal to develop two oilfields in Iran in April.

read more... 28/02/2017

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Russian giant Rosneft to expand in Libya and Iraq

Russian oil company Rosneft has expanded its activities in the Middle East by signing two oil purchase agreements in Libya and Iraq.

read more... 24/02/2017

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Iran to ink oil deal to sell Russia 100,000 bpd

Iran is set to sign a deal to Moscow within the next 10 to 15 days to sell 100,000 barrels per day of oil to Russia, according to Iranian Minister of Petroleum Bijan Zangeneh.

read more... 22/02/2017

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Daily (22.02.2017): Oil up about 1%, after hitting three-week highs

Crude oil prices settled about 1 percent higher on Tuesday on OPEC’s optimism for greater compliance over its deal with other producers, including Russia to reduce output to clear a glut that has weighed on markets since 2014.

read more... 22/02/2017

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