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World oil prices

Venezuelan president suggests summit of oil producers in early 2017

MEXICO, December 7. /TASS/. Venezuelan President Nicolas Maduro has suggested holding a summit to bring together major oil producers, including non-OPEC states, for talks on stabilizing oil prices early next year.

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Lukoil vice-president: Putin played active part in striking oil output cut deal

Speaking in the northern Carabobo state late Tuesday, the president pledged to send his written proposals to leaders of major oil-producing countries "so that we were able to organize a summit of heads of states and governments, OPEC and non-OPEC, in the first quarter of 2017."

The meeting will aim at "considering proposals to stabilize the oil market for 10 years and defend fair and justified prices," the Venezuela’s AVN news agency quoted the president as saying.

On November 30, OPEC countries agreed to cut oil production to 32.5 mln barrels per day, which means those countries will reduce their daily average output by 1.164 mln barrels starting January 1, 2017.

Now OPEC will have to make a similar deal with non-OPEC members. The cartel expects them to cut crude production by 600,000 barrels per day in 2017, including a reduction of 300,000 barrels per day by Russia.

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Oil & Gas Oil price OPEC

Russia considers launching direct flights with Brazil, Malaysia, Pakistan — Minister

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Slovak PM thanks Putin in Russian for meeting with him

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Damage to Portuguese Embassy in Kiev caused by Ukrainian air defense — Russian diplomats

Reporters are ramping up Russophobia, distorting the facts while writing on this matter, the Russian Embassy in Portugal said

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Slovak PM to visit Moscow for talks with Putin, Serbian president says

"Robert Fico will travel to visit Putin as a European countries leader," Aleksandar Vucic said

Serbia will never joint anti-Russian sanctions, deputy prime minister vows

Aleksandar Vulin noted that he is "not optimistic about prospects for the United States changing its policy toward Serbia" after the inauguration of President-elect Donald Trump

Israeli minister’s suggestion of nuclear strike on Gaza raises questions — Russian MFA

Maria Zakharova stressed that such statements by Israeli officials shed light on the true reasons why Tel Aviv was opposing the establishment of a nuclear-weapon-free zone in the Middle East

Hungary wants to maintain ties with Russia under its economic neutrality policy — PM

Victor Orban also said that hopes for the development of economic cooperation with the United States after President-elect Donald Trump takes office

Israeli delegation discussing in Doha ways of reaching deal om Gaza — TV

The Al Arabiya television channel said that, citing a source

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According to US Central Command, the incident occurred during airstrikes on Houthi facilities

Press review: EU imposes new anti-Russian sanctions and Russia braces for NATO conflict

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Kiev takes out its anger for military defeats on Russian people — diplomat

Foreign Ministry Spokeswoman Maria Zakharova also emphasized that Moscow is outraged by the hypocritical silence of the West and its media on the terrorist attacks in Russia

Proposal to duel with West response to claims of Oreshnik missile vulnerability — Kremlin

Kremlin Spokesman Dmitry Peskov noted that Russian President Vladimir Putin thus meant that the Oreshnik missile is a generation ahead of all existing weapons, while not being a nuclear weapon itself

Ukraine’s General Staff admits tense situation along entire frontline

The Ukrainian military also admitted the Russian army’s supremacy in terms of military equipment and the size of personnel

Zelensky actually flips the bird to Trump by insulting Putin, Medvedev says

The politician emphasized that "the president of a major country should be extremely polite and amiable"

West should consider Putin's words on Oreshnik missile duel — diplomat

Foreign Ministry Spokeswoman Maria Zakharova emphasized that the rhetoric about "inflicting a strategic defeat on Russia" is firmly rooted in the mentality of the NATO regimes not at all as hypothetical assumptions

Trump to rely on forces that brought him to power — Russian presidential aide

Nikolay Patrushev agreed that Trump, when he was still a candidate, "made many statements critical of the destructive foreign and domestic policies pursued by the current administration"

Ukraine to halt Russian gas transit on January 1, 2025 — Ukrainian PM

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Project 885M nuclear-powered submarines carry Oniks and Kalibr-PL cruise missiles as their basic strike weapons

Putin agrees 'Russian world' now faces war

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Turkish president calls on West to stop Israel in Syria before it’s too late

"All international mechanisms need to be effectively employed in order to prevent Israel from exploiting the situation in Syria," Recep Tayyip Erdogan said

Trump appoints TV producer Burnett as special envoy to UK

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Aleppo taken by 350 militants while 30,000 gov’t troops retreated without fight — Putin

The Russian president recalled that no Russian land troops had been deployed to Syria, with Russia having only an airbase and a naval base

Ukraine loses over 300 troops, two Bradley vehicles in Kursk Region in past day

Eight motor vehicles and two electronic warfare stations were also destroyed? the ministy added

Death toll from Israeli strikes on Gaza Strip exceeds 45,200 — health ministry

More than 107,600 people received wounds

Russian 'soldier of the future' combat gear tested in Syria

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ISS orbit raised ahead of launching Soyuz manned spacecraft

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Drone attack triggers fire at fuel infrastructure facility in Russia’s Oryol Region

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Russia continues to provide military assistance to Syria — Lavrov

"It is not our business to forecast," he said

Georgian president demands appointing snap elections within week

Salome Zourabichvili also promised to announce her further plans on Monday

Ukraine may cease to exist by 2034 — Russian security official

Dmitry Medvedev noted that Ukraine will never join NATO

Civilian manufacturers ramp up drone production to 40,000 units per month

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Russia has confidence in its weapons, senior diplomat says

Russian Deputy Foreign Minister Sergey Ryabkov also stressed that the recent developments had shown that the US policy of establishing a system of increasingly layered missile defenses was wrong

Russia’s Battlegroup South liberates settlement of Ostrovskogo in DPR — Defense Ministry

"The enemy lost up to 285 troops, two armored combat vehicles, two motor vehicles, a D-30 122 mm howitzer, a US-made M119 105 mm howitzers and five field ammunition depots," the ministry added

Hungary wants to preserve relations with Russia as part of economic neutrality — Orban

Prime minister underscored that, "the more serious the problems in Europe are, the more decisively the economic relations in all other markets should be promoted"

IN BRIEF: What is known about drone attack on residential buildings in Kazan

TASS has gathered the main information about the incident

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Burkina Faso, Mali, Niger reaffirm withdrawal from ECOWAS irreversible

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Oreshnik test launch forces London to take a step back — Russian ambassador

According to Andrey Kelin, the UK’s official reaction to the launch of the Oreshnik missile was rather vague

Putin’s talks with visiting Slovak PM over — Kremlin spokesman

Dmitry Peskov added that it is not planned to issue any joint statements

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First batch of nuclear-armed drones Poseidon manufactured for special-purpose sub Belgorod

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Alexander Stepanov emphasized that both Kiev and its Western allies are closely scrutinizing the consequences of the strike on the plant

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Putin holding talks with visiting Slovak PM

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Russia considers launching direct flights with Brazil, Malaysia, Pakistan — Minister

Roman Starovoyt noted that Russia is holding negotiations with many airlines from friendly countries

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Almost 20 drones downed over four Russian regions, Black Sea last night

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Air raid alert issued in six Ukrainian regions

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Russian missile cruiser Admiral Nakhimov to become world’s strongest warship after upgrade

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Russia to retaliate against Ukrainian strikes, just as Putin said — Kremlin

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Press review: Israel and Hamas near a truce while Zelensky drafts a new negotiation plan

Top stories from the Russian press on Thursday, December 19th

Baltic states threaten mass deportation of Russians, take lead in Russophobia — statement

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Massacre staged by retreating Ukrainian troops in Selidovo — report

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PREVIEW: Putin expected to unveil several transport facilities

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Commander Makarov was killed in fighting to repel Ukrainian attack — ministry

Russian Defense Ministry Spokesman Igor Konashenkov also informed of the death of the deputy commander of the army corps for military-political work, Colonel Yevgeny Brovko, who led the efforts of the personnel

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No injuries or damage were reported

An-2 plane missing in Kamchatka located, survivors found — regional emergencies ministry

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Top Turkish diplomat calls for listing anti-Syrian sanctions

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Father of conscript who killed 8 in Siberia asks son to cooperate with investigators

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Putin responds to question about Russia's weakness by quoting Mark Twain

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Putin to extend New Year greetings to peoples of several unfriendly countries — Kremlin

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Press review: South Korean president impeached as Ukraine turns to foreign mercenaries

Top stories from the Russian press on Monday, December 16th

Musk believes Germany’s Scholz should step down after car drives into crowd in Magdeburg

Meanwhile, Scholz will visit Magdeburg to assess the situation later on Saturday