Putin discusses oil market with Saudi crown prince who hosted Biden last week

LONDON, July 21 (Reuters) – Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman spoke by phone on Thursday and underlined the importance of further cooperation within the OPEC + group of oil producers, the Kremlin said. The conversation took place six days after US President Joe Biden visited the prince in Saudi … Read more

Russia will not supply oil to the world market if price cap imposed -Interfax

A train moves past oil tanks of the NNK-Primornefteproduct petroleum depot in the far eastern port of Vladivostok, Russia June 11, 2022. REUTERS / Tatiana Meel Register now for FREE unlimited access to Reuters.com Register July 20 (Reuters) – Russia will not supply oil to the world market if a price cap is imposed, Interfax … Read more

US and Saudi reiterate their commitment to stability of global energy markets

US President Joe Biden participates in a bilateral meeting with Saudi Arabia’s Crown Prince Mohammed bin Salman, at Al Salam Royal Palace, in Jeddah, Saudi Arabia July 15, 2022. REUTERS / Evelyn Hockstein Register now for FREE unlimited access to Reuters.com Register July 16 (Reuters) – The United States and Saudi Arabia have reiterated their … Read more

EXCLUSIVE Saudi Arabia doubles Q2 Russian fuel oil imports for power generation

People walk near power plant number 10 at Saudi Electricity Company’s Central Operation Area, south of Riyadh, April 27, 2012. REUTERS Register now for FREE unlimited access to Reuters.com Register This includes content produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. Kingdom burns Russian fuel to free up crude … Read more

Oil edges higher; market wary of US inflation data

The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, US, November 22, 2019. REUTERS / Angus Mordant Register now for FREE unlimited access to Reuters.com Register July 13 (Reuters) – Oil edged up on Wednesday, a day after it fell through $ 100 a barrel for … Read more