Archiv: Alexander Novak


04.02.2019 - 10:53 [ New York Times ]

Oil Prices Hit 2019 Highs as Sanctions Against Venezuela, OPEC Cuts Bite

(4.2.2019) Russian Energy Minister Alexander Novak has said the country’s overall cuts from the October baseline would total 50,000 bpd in January. Russia has pledged to reduce oil output by 230,000 bpd from October.

04.02.2019 - 10:41 [ Oilprice.com ]

Russia: No OPEC+ Emergency Meeting Planned Over Venezuela’s Chaos

(24.1.2019) Asked today whether the political crisis in Venezuela could lead to higher oil prices, Russia’s Energy Minister Novak told news agency TASS that the oil market is very complex and it is difficult to forecast how it would react to the developments in Venezuela.

04.02.2019 - 10:23 [ Oilprice.com ]

Oil Soars After OPEC And Partners Reach Deal

(7.12.2018) As talks resumed on Friday, Iran continued to refuse to accept wording that it would ‘cut’ and insisted on ‘exemption’, remaining the only sticking point in the OPEC negotiations, while the deal broker, Russia’s Energy Minister Alexander Novak, flew in from Moscow for the non-OPEC part meeting, and sat down for separate talks with each of oil ministers of Iran and Saudi Arabia, Bijan Zangeneh and Khalid al-Falih, respectively.