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17:06 [Tass] (E)
Putin, Trump agreed on oil market consultations between energy agencies
Presidents of Russia and the United States Vladimir Putin and Donald Trump discussed the situation on the global oil market in a telephone conversation, the Kremlin’s press service says on Monday. "An exchange of opinions took place on the current status of the world’s oil market," the press service says. "An arrangement was made on Russian-US consultations in this regard through energy department heads," it added.
19:51 [zerohedge] (E)
Rosneft Abruptly Exits Venezuela, Sells Assets To Russian State, Amid US Squeeze On Maduro
In the past weeks the Kremlin has shown it`s willing to punch back as well as take drastic necessary defensive action in the face of Washington sanctions at a moment America is preoccupied and made more vulnerable by the coronavirus threat — first by dumping OPEC+ and MbS, effectively declaring war on US shale — and now by taking aggressive measures to insulate Russia`s state-controlled Rosneft.
18:53 [] (E)
Oil Price Crash: 50% Of U.S. Shale Could Go Bankrupt
Oil opened on Monday down roughly 25 percent, the sharpest decline in decades, and broader financial markets fell so precipitously that the circuit breakers put in place during times of volatility tripped, temporarily halting trading.
11:47 [RT] (E)
Russia swiftly reacts to bloodbath in markets, says it’s ready for $25 oil
Russia’s sovereign wealth fund has enough reserves to cover budget deficit for years, even if oil prices stay between $25 and $30 per barrel, the Finance Ministry announced amid a dramatic oil market crash.
22:09 [PressTV] (E)
OPEC meeting among group`s `worst ever`: Iran`s Zangeneh
Iran’s Minister of Petroleum Bijan Zangeneh says an OPEC meeting on Friday was one of the group’s “worst ever” after it failed to reach an agreement on more oil cuts.
12:15 [Stalker Zone] (E)
Zelensky Invited US Companies to Loot Ukraine’s Oil and Gas
On January 31st, US Secretary of State Mike Pompeo went on an official visit to Kiev. He met with the President of Ukraine Vladimir Zelensky. According to Zelensky, the US remains a key ally of Ukraine, the volume of the US’ support for Ukraine this year will amount to $700 million. The head of the Ukrainian state said this at a joint briefing following the meeting...Zelensky also called on American business to produce natural gas and oil in Ukraine, and also expects the participation of American companies in the competition for the development of the Black Sea shelf.
10:32 [TASS] (E)
US ready to supply Belarus with energy resources at competitive prices - Pompeo
The United States stands ready to supply Belarus in full with the energy resources at competitive prices, US Secretary of State Mike Pompeo said on Saturday after his talks with Belarusian President Alexander Lukashenko and Foreign Minister Vladimir Makei on Saturday. "Our energy producers stand ready to deliver 100% of the oil you need at competitive prices," Pompeo said.
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