"We need to monitor how the situation develops, we must carefully monitor the market. There is no need to make hasty decisions," Novak said.

Сотрудничество России и КНР в ТЭК за последнее десятилетие успешно развивается и вышло на беспрецедентно высокий уровень благодаря совместным усилиям лидеров стран.

Россия рассчитывает на совместную реализацию перспективных проектов по строительству газопровода из России в Китай через территорию Монголии, модернизации существующих и созданию новых энергетических объектов, а также в области поставок нефтепродуктов.

Gain attributable to the owners of PJSC Gazprom amounted to RUB 1,550,299 million for the nine months ended September 30, 2021.

Brent climbed $3.17, or 4.4%, to $75.89 a barrel, WTI was up $3.35, or 4.9%, at $71.50 a barrel.

OPEC+ ministers, led by Saudi Arabia and Russia, are meeting after Dated Brent nosedived 11% on Nov. 26, sending shock waves into the energy market as news of the Omicron variant outbreak led to bans on flights from South Africa.

NIOC has planned that, God willing, if the assumptions and requirements of these plans are provided, in the next 10 years, daily gas production will reach 1.5 billion cubic meters and crude oil production capacity will reach 5 million barrels.

Brent fell $4.07, or 4.9%, to $78.15 a barrel, WTI was down $4.83, or 6.1%, at $73.56 a barrel.

Overall amount of Gazprom's investments to be used in 2022: RUB 1,757.7 billion. Gazprom's borrowings for 2022: RUB 272.789 billion. Final investment program and budget will be approved by the Gazprom Board of Directors.

U.S. commercial crude oil inventories increased by 1.0 million barrels from the previous week to 434.0 million barrels.

Brent gained 7 cents to $82.32 a barrel, WTI fell 12 cents, or 0.2%, to $78.27 a barrel.

The meetings will decide the group's January production levels. The existing pact calls on OPEC+ countries to hike output quotas by 400,000 b/d, though the volumes can be changed per market conditions.

U.S. Rig Count is up 6 from last week to 569, Canada Rig Count is up 4 from last week to 171.

Brent rose 13 cents, or 0.2%, to $82.44 a barrel, WTI increased 20 cents, or 0.3%, to $78.70 a barrel.

The OPEC+ alliance is scheduled to meet Dec. 2 to decide on January production levels, amid strong hints from the US, China, Japan and India that a coordinated crude release from their strategic petroleum reserves was imminent.