Russia not planning to curtail security cooperation with Europe — General StaffMilitary & Defense April 26, 13:54
Saudi Arabia hopes for cooperation with Russia in oil sectorBusiness & Economy April 26, 13:30
Russian General Staff: West ignores Moscow’s offers to pool efforts to fight terrorMilitary & Defense April 26, 13:24
Ambassadors of EU member states approve visa waiver for Ukraine — sourceWorld April 26, 13:21
Russian defense chief suggests enlisting private sector to assist in demining SyriaMilitary & Defense April 26, 13:07
NATO building up offensive armaments along border with Russia — General StaffMilitary & Defense April 26, 13:05
Press review: Trump to ease up on Moscow's democracy and Russia goes on gold-buying spreePress Review April 26, 13:00
MiG-31 interceptor jet crashes in RussiaMilitary & Defense April 26, 12:41
Russian court upholds house arrest of ex-economy ministerBusiness & Economy April 26, 12:39
VLADIVOSTOK, September 8. /TASS/. The global demand for crude oil will rise this year by 1.1-1.3 mln barrels though the chances that the price will go down in the winter 2016-2017 persist, Russia’s Energy Minister Alexander Novak told TASS.
"Earlier we said that the demand-supply balance will be only reached in 2017, and we keep those forecasts. On the whole, we expect the demand to rise by 1.1-1.3 mln barrels this year versus last year. However, it is very difficult to give forecasts for supply on the market due to unexpected situations," he said, adding that "the risk of crude prices going down persists on the whole.".