Seven Opec+ countries have agreed to maintain their September 2026 required production levels for December, reaffirming their commitment to supporting stability in global oil markets.
Russia is preparing to extend its diesel export restrictions until the end of January 2027, with certain exemptions for supplies to international markets, Deputy Prime Minister Alexander Novak has said.
Russia’s oil and gas revenues are projected to fall from 3.3 per cent of GDP in 2026 to 2.7 per cent in 2029, reflecting stabilising energy prices and a declining share of the oil and gas sector in the economy, according to budget, tax and customs policy guidelines reported by TASS.
The Middle East and North Africa Financial Action Task Force (MENAFATF) participated in the sixth International Olympiad on Financial Security, held in the Russian city of Krasnoyarsk.
China increased imports of Russian liquefied natural gas (LNG) by 44.3 per cent year on year to 7.19 million metric tonnes in January-September, with supplies valued at $3.92 billion, up 38.5 per cent, according to Chinese customs data reported by TASS.
The European Union (EU) has moved to end all imports of Russian natural gas by the end of 2027, following a majority vote by member states during a meeting of European energy ministers in Luxembourg.
US President Donald Trump made a surprise announcement of an energy ceasefire between Russia and Ukraine on Sunday that he said was "effective immediately", but Ukrainian leader Volodymyr Zelenskiy said he was still waiting to see details of the deal. Also there was no word from Moscow on the announcement
Russia has announced that it had lifted some restrictions on diesel exports, following an agreement between Russian President Vladimir Putin and US President Donald Trump to allow Russian diesel supplies to reach US and international markets.
