VIENNA A three-year pact between OPEC and Russia ended in acrimony on Friday after Moscow refused to support deeper oil cuts to cope with the outbreak of coronavirus and OPEC responded by removing all limits on its own production. | Video
* Oil prices have plunged 20% this year, now trading below $50
VIENNA Saudi Arabia and other OPEC members struggled on Wednesday to win support from Russia to join them in additional oil output cuts in a bid to prop up prices which have tumbled by a fifth this year because of the coronavirus outbreak.
VIENNA, March 4 Saudi Arabia and other OPEC members were seeking to win support from Russia on Wednesday to join them in additional oil output cuts in a bid to prop up prices which have tumbled by a fifth this year because of the coronavirus outbreak.
VIENNA, March 4 Saudi Arabia and other OPEC members will seek to persuade Russia on Wednesday to join them in large additional oil output cuts to prop up prices which have tumbled by a fifth this year because of the coronavirus outbreak.
MOSCOW Russia is evaluating an earlier and smaller oil production cut proposal made by OPEC and its allies, energy minister Alexander Novak said, adding it had not received one for deeper cuts.
* Putin says joint action with OPEC still needed (Adds details, quotes)
MOSCOW A growing oil glut in Russia and the promise of a flood of dollars from the sale of a leading bank are strengthening the case for Russia to cut oil output in tandem with OPEC, oil sources said.
MOSCOW, Feb 14 A growing oil glut in Russia and the promise of a flood of dollars from the sale of a leading bank are strengthening the case for Russia to cut oil output in tandem with OPEC, oil sources said.
MOSCOW Most Russian oil companies want OPEC's global output curbs to remain in place for one more quarter, but Moscow has still not made a final decision on a possible new deal with OPEC and its allies, a senior Lukoil official said on Wednesday.
Twenty-one people aboard a cruise ship that was barred from docking in San Francisco have tested positive for coronavirus, U.S. officials said on Friday, adding to the more than 100,000 cases of the fast-spreading illness across the world.