The main problem of the oil market is excess of supply over demand
OPEC will maintain its quota in the market and wait for demand for petroleum products to recover in the world.
Russia and OPEC
page 5
El-Badri: we expect stabilization of oil prices
OPEC is expecting the stabilization of the oil market in the long term, oil prices will stabilize in 2016, Secretary General of OPEC, Abdallah Salem el-Badri, said during the meeting of the OPEC-Russia Energy Dialogue in Moscow.
Russia and OPEC to discuss situation on oil market on July 30
The Russian Energy Ministry and OPEC will discuss oil markets and the Iran situation on July 30, Russian Energy Minister Alexander Novak said. "We will discuss the situation on the oil market on the whole, taking into account the …
OPEC says cooperation with Russia is fruitful
OPEC Secretary General Abdalla Salem El-Badri said that the cooperation between Russia and OPEC is productive."We will discuss topics of mutual interest, the market situation, the relationship between OPEC and Russia and many other issues," he stressed."I think it (the cooperation between OPEC and Russia) works and it is fruitful," TASS cited OPEC Secretary General as saying.
World press on last events in Russia and Iran (January 14, 2015)
Russia today is top news in the New York Times.
World press on last events in Russia and Iran (January 14, 2015)
Russia today is top news in the New York Times. The top article is called “Russia to Support Some Top Banks Through Sale of Treasury Bonds: Finance Ministry”
