Tag Archives: Alexander Novak

New York, U.S. | Xinhua | Oil prices eked out modest gains on Monday as market participants weighed Russia’s plan to cut its oil production. The West Texas Intermediate (WTI) for March delivery rose 42 cents, or 0.53 percent, to settle at 80.14 U.S. dollars a barrel on the New York …

Moscow, Russia | Xinhua | Russia’s budget revenues in 2022 from the oil and gas industry increased by 28 percent or by 2.5 trillion rubles (36.4 billion U.S. dollars) from the previous year, Russian Deputy Prime Minister Alexander Novak said Monday. Despite sanctions by unfriendly countries, oil production in Russia amounted …