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Alexander Novak News
OPEC, non-OPEC agree first global oil pact since 2001
Sun, Dec 11, 2016
OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some countries.
Russia aims to keep oil output around current level after OPEC deal
Thu, Sep 29, 2016
Russia is aiming to keep its oil production at near-record levels despite OPEC's decision to modestly reduce its output, Russian Energy Minister Alexander Novak said on Thursday.
Asian oil prices slip on strong dollar, firm global supplies
Mon, May 23, 2016
In a further sign of abundant supply, the number of rigs operated by US drillers was steady last week for the first time this year.