Monday, July 13, 2026

Russian Deputy Prime Minister Alexander Novak

February 27, 2024

Russia to ban gasoline exports starting March 1

The move aimed to offset the growth in demand in spring and summer, Russia said.

RUSSIAN FILLING STATION
May 26, 2023

Oil prices steady as markets await OPEC’s next policy move

Brent crude slipped 4 cents to $76.22 a barrel at 0022 GMT, while U.S. West Texas Intermediate was up 9 cents, or 0.1 per cent, at $71.92 a barrel.

Crude oil barrel
November 29, 2022

Russia, China to develop oil, gas equipment 

“We plan to jointly engage in the development and production of equipment that can be used both in China and in Russia.”

Russia and China Flags
September 7, 2021

Expect market crash if oil price rises above $100 bbl: LUKOIL Boss

The oil giant says a price of 65-75 dollars per barrel is favourable for consumers.

Vagit Yusufovich Alekperov