Search engine Yandex denies transfer of Ukrainians' personal data to Russian intelligenceWorld May 30, 0:11
At least 137 people injured in Moscow storm — sourceWorld May 30, 0:05
Ukraine's security service accuses search engine Yandex of leaking personal info to MoscowWorld May 30, 0:03
Kamaz to supply at least 1,000 trucks to Philippines by 2020Business & Economy May 29, 21:49
Moscow ready to offer clarifications over incident with Montenegrin MPRussian Politics & Diplomacy May 29, 21:09
Moscow mayor says Monday's hurricane in Moscow 'unprecedented'Society & Culture May 29, 20:56
Moldovan president slams government’s decision to expel Russian diplomatsWorld May 29, 20:52
Macron lashes out at Russian news agency Sputnik, RT channel over campaign coverageWorld May 29, 20:11
Macron says no international problem can be solved without RussiaWorld May 29, 19:51
MOSCOW, September 5. /TASS/. The price of the Brent crude oil futures contract for November delivery on London’s ICE increased by 5.4% to $49.15 per barrel on Monday against the reports about Russia and Saudi Arabia joint statement.
On Monday, Saudi Arabia and Russia's energy ministers singed a joint statement aimed at stabilizing the crude market on the sidelines of the G20 Summit.
The Ministers recognized the importance of maintaining the ongoing dialogue about current developments in oil and gas markets and indicated their mutual desire to further expand their bilateral relations in energy.
The Ministers also noted "the current challenges in the supply side of the global oil market, including major contraction of capital investments in oil extraction on a global scale, particularly in exploration, as well as mass deferrals of investment projects, which made the market, as a whole, more volatile and therefore unsustainable to both producers and consumers in the long term."
In addition, the Ministers agreed to continue consultations on market conditions by establishing a joint monitoring task force to continuously review the oil market fundamentals and recommend measures and joint actions aimed at securing oil market stability and predictability.