Quotes from the news wire:
I did not feel any great joy about this. I thought, and I think, that Mechel deserved support, which was given in the end.
Found on Reuters 7 years ago
The main reasons which led to this are quite simple: the valuation of the resource base, the existence of technologies and financial tools... All the participants which I named have all the instruments.
Found on Reuters 7 years ago
We believe that the (function of) regulation has moved to three main players, which are the United States, Saudi Arabia and Russia, the main reasons which led to this are quite simple: the valuation of the resource base, the existence of technologies and financial tools... All the participants which I named have all the instruments.
Found on Reuters 7 years ago
Given the role that the U.S. economy is playing globally, uncertainty over the development of the U.S. oil and gas industry is increasing the risks for the global economy.
Found on Reuters 7 years ago
We believe that it would be prudent to consider different options, including inviting a strategic investor, in the current difficult conditions.
Found on Reuters 7 years ago
The market is reaching its balance quicker than analysts had predicted.
Found on Reuters 7 years ago
The 1970s, when a series of the largest Middle East producers could determine global oil market conditions by creating cartel structures such as OPEC, should be forgotten, at the moment a number of objective factors exclude the possibility for any cartels to dictate their will to the market. ... As for OPEC, it has practically stopped existing as a united organisation.
Found on Reuters 7 years ago
The company was skeptical from the very beginning about the possibility of reaching any sort of joint agreement with OPEC's involvement in current conditions, just to remind you, the only question with which we responded to those interested in knowing our position was: 'Who should we agree with and how?' The development of the situation has clearly shown we were right.
Found on Reuters 7 years ago
The 1970s, when a series of the largest Middle East producers could determine global oil market conditions by creating cartel structures such as OPEC, should be forgotten, at the moment a number of objective factors exclude the possibility for any cartels to dictate their will to the market. ... As for OPEC, it has practically stopped existing as a united organization.
Found on Reuters 7 years ago
We are establishing a reliable energy bridge between our countries, which will be developing the interests of both Russia and India.
Found on Reuters 8 years ago
Who are we supposed to be talking to about cuts? Will Saudi Arabia or Iran cut production?
Found on Reuters 8 years ago
Shale oil markets reacted very quickly to the price shock as productivity rose dramatically, costs of production dropped and fracking became more efficient.
Found on Reuters 8 years ago
Shale oil production has its limitations in scope and time ... U.S. shale oil production will reach its peak in 2020.
Found on Reuters 8 years ago
They have appreciated our firm's ability to generate consistently high free cash flows... some $8 billion this year. This is the highest result among Russian and international companies.
Found on Reuters 8 years ago
This means that a powerful energy bridge between Russia and Asia-Pacific region is really possible. The question is in investments... and adequate oil prices.
Found on Reuters 8 years ago
I still hope that this situation won't last very long because it violates the interests of all market participants who have no relation whatsoever to these conflicts, crises and so on.
Found on Reuters 8 years ago
It'll affect everyone. First of all, manufacturers of technology that we buy in Europe. So I think this is not the right decision, i still hope that this situation won't last very long because it violates the interests of all market participants who have no relation whatsoever to these conflicts, crises and so on.
Found on Reuters 8 years ago
In essence, the sole market, which has all the sets of financial and technological tools, is the U.S. market, which has became the key regulator.
Found on Reuters 8 years ago
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