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World oil prices

Oil price of $70-80 per barrel comfortable for Rosneft, CEO says

Earlier the regulator raised the forecast for average price for oil in 2018 from $61 per barrel to $67 per barrel

MOSCOW, June 15. /TASS/. Oil prices of $70-80 per barrel are comfortable for Rosneft, Head of the company Igor Sechin said on Friday after meeting with Minister of Energy, Industry and Mineral Resources of Saudi Arabia Khalid al-Falih.

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Economic Development Ministry expects average oil price in 2018 to be $65-70 per barrel

"Over the past year and a half, Russia, Saudi Arabia and other oil producers by joint efforts have restored the market balance by reducing their oil production. Saudi Arabia and Russia made the biggest contribution. Growth of prices to a comfortable level of $70-80 per barrel for Brent crude oil is the result that fully satisfies us," Sechin said according to Rosneft press service.

Earlier Governor of the Central Bank Elvira Nabiullina said at a press conference, that the regulator raised the forecast for average price for oil in 2018 from $61 per barrel to $67 per barrel. "Oil prices turned out to be higher than expected, and we slightly increased forecast for them - from $61 to $67 per barrel on average for the current year," she said.

On March 23, the Central Bank raised the forecast for average oil price to $61 per barrel. At the time, Nabiullina noted that the ruble exchange rate became less dependent on changes in oil prices.

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Rosneft Oil price

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Ukrainians abroad storming embassies to avoid mobilization, Russian diplomat says

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Security guarantees on Ukraine did not apply to Crimea, Donbass — Lavrov

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Russia can join top three countries by lithium reserves — governor

Infrastructure is required to implement the investment project, both power transmission lines and the railroad, Andrey Chibis noted

US 'not forgetting' to help itself with aid to Ukraine — Kremlin

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Russian defense chief checks implementation of orders to develop drones

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Lavrov says Borrell let it slip that Europe ‘fighting against Russia’

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FACTBOX: Collective Security Treaty Organization

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Russia ready for Ukraine talks, but not with Zelensky — Lavrov

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Kiev ordered mandatory evacuation from Kharkov Region to accommodate mercenaries

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Russian military closely monitors all Ukrainian 'novelties' — Kremlin on UAVs

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Press review: Biden backs aid to Israel, Ukraine and Russia assets giving West legal fits

Top stories from the Russian press on Friday, April 19th

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Switzerland does not suit Russia for negotiations on Ukraine — Lavrov

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Israeli aviation strikes towns in Gaza Strip

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No plans for pauses in fighting if talks on Ukraine begin, Lavrov says

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Russian government increases customs duties on beer from unfriendly countries

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Senior Chinese official to take part in conference on security in Russia — diplomat

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Iran may target Israeli nuclear center in Dimona in case of Israel’s attack — TV

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Three Ukrainian soldiers swim across Dnieper to surrender to Russian troops — governor

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BRICS’ expansion makes it much stronger — senior Russian diplomat

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Founder of neo-Nazi cell in Crimea flees to Georgia — source

According to the official, the investigation established that Mikhail Maurov planned to travel to Ukraine to join the ranks of a right-wing Ukrainian organization called the Freedom of Russia Legion

Izvestia correspondent Semyon Eremin killed in special operation zone

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Moscow demands international organizations condemn killing of Russian war correspondent

Russian Foreign Ministry Spokeswoman Maria Zakharova also expressed condolences to Eremin’s family and friends

Russia won’t allow NATO to move closer in Ukraine — Lavrov

There is still no full clarity regarding the future of Ukraine's western regions, the Russian foreign minister went on to say

Polish premier refuses to hand over his country’s Patriot systems to Ukraine

Donald Tusk said that German Chancellor’s call to send more air defense systems to Kiev had no relation to Poland, provided the country's geographical position near the frontline

North Korea conducts new anti-aircraft missile test — KCNA

A power test of a super-large warhead designed for "Hwasal-1 Ra-3" strategic cruise missile was held as well

Unidentified man attempts suicide outside courthouse where Trump trial is underway

The man set himself on fire

Putin signs law on holding World Friendship Games

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Kiev lacks both troops and equipment near Chasov Yar in DPR, says retired general

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Number of flooded residential buildings in Russia drops to 16,200

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Hungarians in western Ukraine should get their rights back, Budapest says

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Global economy’s condition improving — Russian Deputy PM

The process is largely driven by increasing contribution of developing countries, Alexey Overchuk said

Proposals on Russian assets confiscation undermine financial system — Finance Minister

Russia urges the International Monetary Fund to resume the effort of improving the global monetary and financial system, Anton Siluanov noted

North Korean agriculture committee’s delegation sets off on visit to Russia

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Russian military base may appear in CAR’s eastern region — President Touadera

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G7 leaders to decide on Russian assets use — Italian Deputy PM

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