Russian Knights aerobatic team to perform at Dubai airshowMilitary & Defense July 20, 21:28
Russia looks to its Navy to become world secondMilitary & Defense July 20, 19:10
ExxonMobil disagrees with US Treasury Department’s decision to assess fineBusiness & Economy July 20, 18:45
Putin signs decree on Russia’s navy policy until 2030Russian Politics & Diplomacy July 20, 18:39
Putin personally congratulates human rights champion Alexeyeva on her 90th birthdaySociety & Culture July 20, 18:20
Russian boxer Povetkin reinstated into WBO’s ratings, ranked eighthSport July 20, 18:08
Russia’s Syria campaign spending within current combat training costs — Defense MinistryMilitary & Defense July 20, 17:59
Putin says 80% of Russians friendly to people from different ethnic groupsRussian Politics & Diplomacy July 20, 17:51
Russia to develop cruise missiles capable of striking targets at 1,000km rangeMilitary & Defense July 20, 17:42
MEXICO CITY, November 17. /TASS/. The prolonged period of low oil prices is possibly at its final stage, OPEC Secretary General Mohammed Barkindo said on Thursday after talks with Venezuelan President Nicolas Maduro in Caracas.
"As President Maduro said, we became witnesses to the worst cycle of low oil prices in the last 60 years," Venezolana de Television quoted Barkindo as saying.
"This period continues, and we are possible at its final stage," he added. He noted that all oil producing countries felt the negative effect of decreasing prices for hydrocarbons, and thanked Maduro for the big contribution to "the process of strengthening the oil market."
On September 28, OPEC member-states reached an agreement to limit the average daily oil production to 32.5-33 million barrels at the informal meeting within the International Energy Forum in Algiers.