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2015-09-01 18:45:00

RUSSIA READY TO DISCUSS

RUSSIA READY TO DISCUSS

Russia will not deliberately cut oil production to prop up prices, however its output may decline if prices remain low, local news agencies quoted Deputy Prime Minister Arkady Dvorkovich as saying on Tuesday.

He also said that Russia was ready to discuss measures aimed at oil price stabilization with the Organization of the Petroleum Exporting Countries (OPEC) and other key producers, TASS news agency reported.

"It's quite possible that if oil prices remain at the low levels for long, oil production could decline, as had been the case before. Anyway, we don't expect any significant cuts," Dvorkovich said according…

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Tags: RUSSIA, OIL, PRICES

Chronicle:

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S.KOREA RENEWABLE ENERGY

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UAE GDP WILL UP 4.7%

The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.

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U.S. TRADE DEFICIT $49.4 BLN

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2019, April, 19, 09:00:00

U.S. RIGS DOWN 10 TO 1,012

BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.

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