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oil-exporters

Russia’s Rosneft stake valued at over $11 billion for privatization: source

September 2, 2016 by · Leave a Comment 

LONDON/MOSCOW (Reuters) – Russia could fetch over $11 billion in privatizing oil firm Rosneft but needs to guarantee stable tax regime ahead and during the sale, an industry source said citing documents submitted to the Russian government. The documents were submitted this week by Rosneftegas, which owns control in …

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Russia’s Rosneft stake valued at over $11 billion for privatization: source

oil-exporters

Oil heads for biggest weekly loss in eight months despite gains

September 2, 2016 by · Leave a Comment 

Russian President Vladimir Putin told Bloomberg an agreement between oil exporters to freeze output would be the right decision to support the market. “Prices are up on a weaker dollar in the aftermath of the U.S. ISM numbers yesterday and Putin's latest attempt to stabilize

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Oil heads for biggest weekly loss in eight months despite gains