Despite the failure of the OPEC summit of June 2 in Vienna, in which the member states did not manage to reach an agreement on neither a production freeze nor a return to a production cap, the price per barrel has not decreased
Russia considers to sell the stake in Rosneft to China and India, reports Bloomberg
CEO of Russian energy giant told in an interview with Italian newspaper that St. Petersburg International Economic Forum will be a good occasion to speak on the cooperation between the two corporations
According to the chairman of the Gazprom Board of Directors, during the St. Petersburg International Economic Forum will talk on the gas pipeline project to supply south Europe
It is supposed that the MSs first will create a single electricity market, and then a common market of oil and oil products
The increase in oil prices in April, the highest increase in a year, is the result of the reduction in availability on an annual basis, which in 2016 will be less than 700,000 barrels per day. All this despite the failure of negotiations in Doha
The intertwining between the international financial movements and the apparently irreconcilable positions between the oil-producing countries, such as Saudi Arabia and Iran, are making the energy market increasingly volatile, even though the first timid signs of recovery are looming on the horizon
