OPEC+ deal to ensure stability of oil price, that is positive for Russia
Russian Finance Minister Anton Siluanov
Moscow - TASS
The OPEC+ deal curbing oil production will ensure stability of the oil price, which is positive for Russia, First Deputy Prime Minister and Finance Minister Anton Siluanov told reporters on the sidelines of the United Russia party congress on Saturday.
"What does it mean? [It means] that we imply some stability on the oil market, which is good, which is positive when a joint scheduled step is approved. It is positive for all countries as energy prices become predictable. It is important for Russia," he said.
On Friday, OPEC agreed to reduce oil production by 1.2 mln barrels per day in the first half of 2019 as part of the OPEC+ deal.
Russian Energy Minister Alexander Novak said that the oil price within a range of $55 to $65 per barrel might become the most balanced in the future both for producers and consumers. According to Novak, preserving the current oil price and its lesser volatility could be most beneficial for Russia, taking into account both revenues to the budget and balance on the domestic market.
- Friday ,14 December GMT 18:55 2018 Libya’s National Oil against paying ‘ransom’ to reopen El Sharara field
- Thursday ,06 December GMT 13:29 2018 Major oil exporters mull supply cut amid internal rifts, US demands
- Thursday ,15 November GMT 13:56 2018 Russia fine with oil price of around $70 per barrel, says Putin
GMT 18:55 2018 Friday ,14 December
Libya’s National Oil against paying ‘ransom’ to reopen El Sharara fieldGMT 22:21 2018 Thursday ,13 December
Turkey starts building land part of Turkish Stream pipelineGMT 14:30 2018 Friday ,07 December
Major oil producers haggle over production cutGMT 13:29 2018 Thursday ,06 December
Major oil exporters mull supply cut amid internal rifts, US demandsGMT 09:30 2018 Monday ,03 December
Qatar says it is withdrawing from OPEC on January 1GMT 21:01 2018 Sunday ,25 November
Oil prices plummet amid U.S. drilling rigs downGMT 17:32 2018 Friday ,16 November
OPEC Basket Price Stood, at over $65.2, on ThursdayGMT 13:56 2018 Thursday ,15 November
Russia fine with oil price of around $70 per barrel, says Putin
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 14:58 2018 Saturday ,06 January
Sharjah Islamic Bank raises capital through issuance of convertible Sukuk
GMT 02:36 2017 Wednesday ,05 July
N. Korea: ICBM can carry 'large, heavy nuclear warhead'
GMT 20:39 2017 Saturday ,29 April
GIA's Council approves its draft regulations, plan for 2017
GMT 10:12 2017 Monday ,17 April
Freida Pinto shows her passionate side and causes a stir in ‘Guerrilla’
GMT 00:26 2017 Monday ,10 July
Road accidents kill 16,000 annually in Mexico
GMT 22:12 2017 Tuesday ,22 August
Yemeni Premier leaves Bahrain
GMT 09:17 2017 Wednesday ,15 March
Atletico's Griezmann focused and firing for Leverkusen test
GMT 04:27 2017 Tuesday ,06 June
Norway’s $960bn fund wants banks to disclose carbon footprint of loans
GMT 22:44 2017 Friday ,11 August
UAE poet elected Arab Writers Union secretary-general
GMT 13:11 2016 Monday ,26 December
Chiefs end playoff hopes of NFL Super Bowl champion Broncos
GMT 08:10 2017 Saturday ,19 August
Al-Basher and Desalegn Witness Graduation Ceremony in War College
GMT 04:27 2017 Sunday ,30 April
Bella Hadid-backed music festival canceled
GMT 03:27 2017 Wednesday ,18 October
Kremlin calls Russian warplane downing in Syria
GMT 10:45 2017 Friday ,03 March
Losing jobs to Poland, French workers see futile vote
GMT 00:57 2017 Friday ,20 October
500 french children in jihadi-held areas of Iraq&Syria
GMT 14:44 2017 Thursday ,22 June
Qatar Airways seeks 10% stake in American Airlines
GMT 07:47 2017 Thursday ,18 May
WhatsApp colour change is virus, warn Oman officials
GMT 22:46 2016 Thursday ,21 April
World Bank grants Morocco $200mln for disaster risk management efforts
GMT 13:35 2015 Monday ,13 July
25 daily habits that make you smarter
GMT 09:24 2017 Friday ,08 September
Bahraini-French cultural cooperation discussed
GMT 19:29 2017 Wednesday ,11 October
OPEC daily basket price for Tuesday,10th October 2017
GMT 10:51 2017 Monday ,27 February
Oscars auditors PwC apologize for best picture mix-up
GMT 10:03 2017 Saturday ,25 February
Westbrook shines as Thunder roll over Lakers
GMT 05:54 2017 Thursday ,28 September
Chelsea Manning says she was denied entry to Canada
GMT 12:45 2017 Wednesday ,22 February
President of Palestine to Visit Lebanon Thursday
GMT 14:50 2017 Saturday ,29 April
11 mercenaries killed in Marib
GMT 17:54 2017 Saturday ,25 March
Omani Minister Responsible for Foreign Affairs Meets US Deputy Secretary of State
GMT 05:34 2015 Sunday ,15 February
Kraftwerk fuel cell charges phone with gas
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor