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 12:00 2018 Thursday ,13 December
Liverpool, Manchester City seek neighbours' help in title chase
GMT 09:27 2017 Tuesday ,10 October
Macron takes EU reform push to Germany book fair
GMT 18:05 2017 Thursday ,24 August
Indonesia sets target to become overall champion in SEA Games
GMT 12:50 2017 Sunday ,03 December
Shiffrin bags first downhill win
GMT 10:36 2017 Sunday ,26 February
Five reasons why talking about money can enhance relationship
GMT 10:33 2016 Friday ,08 April
Carter v Nonu as Racing eye Toulon's scalp
GMT 14:34 2017 Monday ,06 February
Jeddah 38th Spring festival breaks records with 800,000 visitors
GMT 10:57 2017 Wednesday ,09 August
Iran's Rouhani names female VPs
GMT 15:57 2017 Friday ,30 June
Taiwanese President extends Idul Fitri remarks in Bahasa
GMT 10:54 2017 Friday ,31 March
Japan inflation, factory output pick up in February
GMT 11:21 2017 Monday ,20 February
Tunisian court tries suspects over violence charges
GMT 21:20 2017 Wednesday ,03 May
717 tourists visit Saint Catherine over past 24 hours
GMT 20:52 2017 Thursday ,30 November
Honeywell to maintain A380, B777 components for Emirates
GMT 17:54 2017 Friday ,03 February
Film on music executive Davis to open Tribeca festival
GMT 02:25 2017 Sunday ,08 October
Police detain 66 anti-Putin protesters in St Petersburg
GMT 02:36 2017 Thursday ,23 November
Casablanca’s president hails achievement
GMT 19:18 2017 Wednesday ,18 October
Investment sector attend Saudi Investment Initiative
GMT 07:08 2016 Tuesday ,28 June
Hodgson pays price for sorry England
GMT 03:05 2017 Friday ,21 July
US-led coalition is contributing to strengthening ISIS near Palmyra and Deir Ezzor
GMT 16:44 2017 Monday ,17 July
Industrial energy city will provide jobs
GMT 16:06 2017 Sunday ,23 April
Prince Khaled bin Salman appointed US ambassador
GMT 23:49 2017 Tuesday ,04 July
France offers assistance to investigate missing Malaysian plane
GMT 14:00 2017 Wednesday ,19 April
Young professionals meet
GMT 10:26 2017 Saturday ,28 October
Iraqi forces found a mass grave with relics of 50 personnel
GMT 09:35 2017 Friday ,17 November
Mugabe refuses to stand down in talks
GMT 14:26 2017 Monday ,02 October
Macron backs Spanish unity in call with Rajoy
GMT 20:05 2017 Tuesday ,28 November
UAE Ambassador hosts award ceremony for photography contest
GMT 18:15 2018 Wednesday ,05 September
Shaikh Khalid bin Hamad receives Bahraini researcher
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor