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World oil prices

OPEC raises forecast for world oil demand in 2017

MOSCOW, August 10. /TASS/. OPEC has raised the forecast for the volume of world oil demand in 2017 by 110,000 barrels per day to 96.49 million barrels, according to the organization’s monthly oil market report.

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Rosneft CEO explains how OPEC deal affects oil market

At the same time, OPEC raised its forecast for world demand growth in 2017 by 100,000 barrels per day - up to 1.37 mln barrels.

According to OPEC forecast, in 2018, global demand for oil will be 1.28 million barrels per day higher than this year, and will amount to 97.8 million barrels.

In 2017, demand for oil produced by OPEC states will be 400,000 barrels per day higher than in 2016, and will reach 32.4 million barrels. In 2018, the figure will not change and will be 32.4 million barrels per day, according to the report.

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World oil prices

Russia may cut oil production by 1.2% in 2024 — Economy Ministry

The Russian oil export prices is expected in the base case at the level of $65 per barrel in 2024-2027

Russia ready to cooperate with all interested partners to ensure security — Putin

The Russian leader expressed confidence that the the 12th International Meeting of High Representatives for Security Issues "will bolster cooperation for the mutual benefit of our countries and peoples"

Kiev confirms pulling back US-made Abrams tanks due to vulnerability to Russian UAVs

Thirty-one American tanks have become "unfit for the classical deployment," Maxim Buzhansky said

Europe should be prepared to build relations with Russia post-Ukraine conflict — Macron

According to the French leader, when building relations with Russia, Europe needs to rely upon its own strong security system

Russia warns US, NATO against harming its security — diplomat

Maria Zakharova stressed that "the level of nuclear risks have risen dramatically as a result of the West’s destructive policy, which is fraught with a direct military confrontation between nuclear powers"

Moscow Zoo gifts animals to North Korea — news agency

Earlier, a delegation from the Moscow Zoo headed by its head Svetlana Akulova arrived in Pyongyang on April 22

Russia-Europe relations require fresh approach — Kremlin

Russia and Europe are geographically close anyway, Dmitry Peskov noted

Potential nuclear facilities in Poland to be military target for Russia — senior diplomat

According to Sergey Ryabkov, discussions around the deployment of NATO nuclear facilities in Poland are an "unfolding story"

Fatah accuses Hamas of actions that led to Israeli control of Gaza — report

Fatah also said Hamas is currently seeking to become part of the Palestine Liberation Organization, but is doing this "only to preserve itself and survive"

US first caused, now purposefully drags out Ukraine conflict — Shoigu

The Russian top defense official added that in order to achieve its goals, Washington is exerting unprecedented pressure, including on its partners

Press review: Belarus' new national security strategy and Russia, US butt heads at UN

Top stories from the Russian press on Friday, April 26th

Russian Embassy to Austria denied participation in ceremony at Nazi concentration camp

The embassy said that the Austrian Mauthhausen Committee had also cautioned the organizations of Russian compatriots in Austria against participating in the event

Ukrainian army strikes own surrendering soldiers — POW

Andrey Babenko said that after a crash course in Britain he had been sent to the frontline near Liman

Polish leader cautions NATO allies against provoking Russia

Andrzej Duda slammed the reported instances of Russian missiles entering Poland's airspace as "a Russian provocation"

Russian diplomat accuses US of coordinating Ukraine’s terrorist attacks

Earlier, US President Joe Biden signed a package of bills approved by Congress, which total some $95 bln and include about $61 bln to help Ukraine and $26 bln to support Israel

Ukrainian opposition demands parliament speaker's resignation over pro-Hitler remarks

The speaker’s shocking remarks sparked outrage among the public

All-Belarusian People's Assembly adopts new military doctrine, security concept

The adoption of a new military doctrine instead of the one that has been in force since July 2016 stems from the need for adaptation to the changed military-strategic situation

Chances of Baku-Yerevan conflict settlement higher than ever, Scholz says

The German chancellor emphasized that Berlin's "offer to lend support in finding a long-term and acceptable solution remains valid"

Ukraine to cease to exist unless it enters into talks, Belarusian president warns

Alexander Lukashenko stressed that his Ukrainian counterpart Vladimir Zelensky should have realistic expectations

Press review: US tries to strong-arm China and Zelensky's bid to bring men home

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Ukraine’s army leaves first defensive line in Berdychi near Avdeyevka, says DPR

The Ukrainian military has suffered heavy casualties among personnel and military hardware in that community, Igor Kimakovsky said

Kremlin unconcerned by European Parliament’s resolution on Russian election

The resolution that European Parliament members passed at a plenary session in Strasbourg "urges the member states of the European Union and the international community not to recognize the outcome of the Russian presidential election"

Ukraine could send special forces to capture Zaporozhye NPP — politician

According to Vladimir Rogov, the Ukrainian troops are holding drills to cross the Dnieper from the right bank to the left bank and capture a large industrial site

Security concerns mount as radical Islamists flock to Southeast Asia

Russian Defense Minister Sergey Shoigu added that establishing a security framework in Eurasia will be an important goal for the Shanghai Cooperation Organization

Over 3,100 foreign mercenaries fight for Ukraine, most of them from US

The Russian Investigative Committee added that measures are underway to locate their whereabouts and bring them to criminal liability

One more suspect in Crocus City Hall terror attack arrested — police

The detention was reported earlier by the media, which said that police had captured Tajik national Djumokhon Kurbonov

Russian defense chief points to West’s double standards on right to self-defense

In this regard, Sergey Shoigu mentioned the operation that Tehran carried out "in retaliation for a blatant attack on the Iranian consulate building in Damascus"

Global community changing tune about how Ukraine conflict started — security official

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Houthis say they attacked MSC Darwin vessel in Gulf of Aden

The Houthis also confirmed that the movement will "continue its military operations, impeding the navigation of Israeli vessels in the Red Sea, the Arab Sea and the Indian Ocean"

Kiev may use ATACMS missiles to hit Crimean Bridge — Russian defense ministry official

Russian military will do its utmost to repel such attacks, Apty Alaudinov said

French neo-Nazi ringleader liquidated near Avdeyevka — sources

There is confirmed evidence of his connections with French secret services

Russian troops destroy 89 Ukrainian UAVs, 5 boats in Kherson area over past day

"Battlegroup Dnepr units conducted active counterbattery warfare and destroyed enemy drones, manpower and equipment on the right bank of the Dnieper River," Governor Vladimir Saldo said

Russia needs to boost production of goods based on domestic technologies — Putin

The President undescored that Russia did not plan to produce absolutely everything domestically

Situation at ZNPP remains unpredictable — International Atomic Energy Agency

The situation can take a sudden turn for the worse from one minute to the next, IAEA Director General Rafael Grossi said

Russian troops wipe out military train with Western armaments in DPR over past day

Russian troops improved their tactical position and repelled eight Ukrainian army counterattacks in the Avdeyevka area over the past day, the Defense Ministry reported

Electricity supplies to China cannot yet be restored to previous levels — Energy Ministry

According to Russian Energy Minister Nikolay Shulginov, the ministry will return to this issue later, as hydro resources accumulate after the rainy season

Radioactive cloud from Ukraine’s eliminated munitions drifts to Europe — Security Council

"An increase in radiation levels has already been registered in Poland," Nikolay Patrushev warned

US nukes in Poland to become target for Russia should confrontation with NATO occur — MFA

"The impression is that Warsaw is maniacally seeking to attract even more attention from military planners in the Russian General Staff," Maria Zakharova added

Russia to hold next international security meeting in 2025 — top security official

The date and location will be announced later

NATO bears direct responsibility for Ukraine crisis — Chinese Foreign Ministry

Spokesman Wang Wenbin stressed that China was not providing weapons to the conflicting parties and strictly controlled dual-use goods, including the export of drones

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According to the minister Gergely Gulyas, the North Atlantic Alliance "wants to provide financial assistance, as well as supply weapons and train Ukrainian soldiers"

Israel ready to accept release of fewer than 40 hostages in deal’s first phase — newspaper

According to the report, Israel is willing to acceprt the release of women, men over 50 years old and those seriously ill

US military advisers, if sent to Ukraine, won’t come close to frontlines — Pentagon

"United States has no intent of conducting combat operations inside of Ukraine, nor are these forces going to be anywhere near the frontlines," Patrick Ryder said

Kiev troops may strike targets in Crimea with ATACMS missiles — newspaper

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West bends sanctions rules when it suits them — Kremlin

Dmitry Peskov noted that, "according to some parameters, companies in Europe and other regions can hardly maintain their competitiveness if they completely abandon our products"

Russian foreign minister to meet with Bolivian counterpart in Moscow

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Press review: NATO flexes muscles near Russian border and South China Sea runs hot

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Senior security official points to rising tensions on Belarus’ western border

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Top Chinese diplomat says two states only solution to Middle East situation

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Top Chinese diplomat calls for creating conditions for talks on Ukraine

Wang Yi also called for "resolutely opposing attempts to take advantage of the chaos and add fuel to the fire"

Kremlin spokesman describes European Parliament as 'Russophobic machine'

Dmitry Peskov added that the EP "has turned into a machine brimming with internal contradictions that keeps generating boorish statements"

Foreign delegations show great interest in Russian defense products — security official

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Ukraine had to negotiate agreements with Russia with ‘three masters’ — Russian envoy

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Shoigu talks about ties with NATO, attacks on Zaporozhye NPP as he attends SCO meeting

TASS has put together the highlights of Shoigu's speech

West again tried to obstruct international security meeting in Russia — security official

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Pelosi's remarks about US protesters undemocratic, Russian diplomat says

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Russia appreciates Bolivia’s push to defend sovereignty, Lavrov says

The Russian foreign minister said that the sides would exchange opinions on how to develop bilateral relations along the path outlined by Bolivian President Luis Arce and Russian President Vladimir Putin

US effectively dooms Ukraine by its new decisions, Russian envoy says

"The American aid won’t save Zelensky. New weapons will be destroyed, and the special military operation goals will be achieved," Anatoly Antonov stressed

Putin’s trip to China will rivet world’s attention, Kremlin spokesman predicts

The countries will jointly announce the time of this trip, Dmitry Peskov said

Casualties reported after Ukrainian strike on residential house in Zaporozhye Region city

The rescuers are involved in efforts to clear the rubble of a five-story house on Kuibyshev Street

Venezuelan foreign ministry, Russian embassy hold joint conference in Caracas

The event brought together almost 200 diplomats, foreign ministry staffers and experts in international relations

Russian troops wipe out Ukrainian UAV production workshop over past day

The Russian forces improved their frontline positions and inflicted casualties on five Ukrainian army brigades in the Donetsk area over the past day, the Defense Ministry reported

US government prepares to sign $6-bln contract for arms deliveries to Ukraine — Politico

According to the article, the United States "is putting the finishing touches" on one of its largest Ukraine military aid packages to date, which may be announced on Friday

North Korea to take part in SPIEF — Embassy in Russia

The 27th St. Petersburg International Economic Forum will be held on June 5-8, 2024

European Parliament urges EU states to regard Russian presidential vote as illegitimate

The resolution passed in a 493-11 vote, with 18 abstentions

Russia says its battlegroup West seized better positions

The Russian forces also foiled a counterattack of an assault group of the Ukrainian 80th mechanized brigade in the vicinity of the Krasnoye settlement in the Donetsk People’s Republic

Transfer of US ATACMS missiles to Ukraine cannot be justified — Russian ambassador

"Neither these missiles nor other weapons can help defeat the Russian Federation," Anatoly Antonov said

Ukraine turns into testing ground for future world order, says Belarus president

"The largest nuclear powers, albeit indirectly, are actually fighting on Ukrainian territory. And not indirectly," the president of Belarus noted

Reinforced Ukrainian battlegroup fails to break through Russian defenses in DPR — expert

Andrey Marochko added that the Ukrainians have also intensified artillery and drone attacks at Russian positions

Kremlin vows to resolve situation with Turkish Airlines refusing service to Russians

Russia has "very constructive and friendly relations" with Turkey, Dmitry Peskov stressed

China, US free to have their own friends, partners — President Xi

Beijing sticks to the principle of non-alignment with any blocs, the Chinese leader said and called on Washington "to refrain from teaming up in small groups"

Promotion of Russian brands gives good return — Putin

Comprehensive mechanisms require to be worked out, the head of state noted, responding to a proposal to add new tools to support of congress and exhibition activities

FSB nabs Neo-Nazi group members in Volgograd Region plotting high-profile terror act

During the questioning, the detainees gave confessionary evidence that sharing the ideas of racial and religious supremacy, they established contact with the ringleaders of the pro-Ukrainian terrorist organization

Crocus City Hall attack funded using cryptocurrency, Russian finance watchdog says

Russia’s Federal Financial Monitoring Service head added that the act of terrorism was intricately planned and it took an international network of conspirators to carry it out

China vows decisive response to US move to deploy intermediate missiles in Asia-Pacific

The Chinese Defense Ministry spokesperson stressed that "US steps are posing a major threat to security and stability of regional players"

Better situation for peace in Ukraine, threats to Belarus: new statements by Lukashenko

The head of state accused Washington of preparing a "Belarusian liberation army" and reiterated Minsk's readiness to "defend its country"

Swiss conference on Ukraine undermines European security — Russian diplomat

In Maxim Buyakevich words, neither the talks nor their outcome can change the existing political and territorial realities