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  • Russia says current oil price in line with forecast Wednesday, 13 May 2015 | 4:31 AM ET

    MOSCOW, May 13- Russia is continuing its consultations with OPEC before a meeting of the oil producers' group in June and sees the current oil price within the range of Moscow's earlier forecasts, a Russian energy ministry official said on Wednesday. The statement by Kirill Molodtsov, deputy energy minister, suggests Moscow is less worried about the oil price...

  • BUCHAREST, Romania— Ukraine is turning to an unlikely partner in its struggle to defend itself against Russian cyber warfare: Romania. So much so that NATO tapped Bucharest to defend Ukraine from Russian digital espionage by sending experts to monitor Kiev government institutes and train Ukrainian IT specialists. At NATO's summit last year in Wales,...

  • Russia's Surgut denies report on Rosneft stake Wednesday, 13 May 2015 | 3:28 AM ET

    MOSCOW, May 13- Russia's third-largest crude oil producer Surgutneftegas denied on Wednesday a Bloomberg report that the company could possibly take a stake in the country's top oil firm, Rosneft. On Tuesday, Bloomberg said Surgut, which has amassed more than $30 billion in cash reserves, may acquire a 19.5 percent stake in Rosneft after the company asked the...

  • Can Kerry thaw chilly US-Russia relations?   Tuesday, 12 May 2015 | 11:21 PM ET
    Can Kerry thaw chilly US-Russia relations?

    U.S. Secretary of State John Kerry met President Vladimir Putin on Tuesday during his first visit to Russia since the Ukraine crisis began. CNBC's Geoff Cutmore reports from Moscow.

  • Oil rally's winners and losers, country by country Tuesday, 12 May 2015 | 12:05 PM ET
    Oil fracking

    The recent rally in oil has forecasters tweaking their models to see what a sustained price recovery might look like.

  • MOSCOW— The launch failure of an unmanned Russian cargo spaceship has prompted the nation's space agency to delay both the landing of some of the International Space Station's crew and the launch of their successors, officials said Tuesday. The chief of the Roscosmos space agency, Igor Komarov, said the April 28 launch mishap was caused by a leak of fuel tanks in...

  • BRUSSELS, May 12- The former Soviet republics of Georgia, Moldova and Ukraine are moving inexorably from the orbit of a Russian state that promotes values fundamentally alien to its neighbours, according to Georgia's president. The country with the biggest territory in the world is looking for a few more square meters, "he said of Russia, which annexed the Crimea...

  • Time to look at Russia markets? This expert thinks so

    After taking a beating last year due to Western sanctions, Russian markets are looking attractive again, says Jim Rickards, chief global strategist at West Shore Funds.

  • Russians celebrate VE Day   Monday, 11 May 2015 | 6:15 AM ET
    Russians celebrate VE Day

    CNBC's Geoff Cutmore reports on Russia's celebration of Germany's surrender to the Soviet Union in 1945.

  • MINSK, May 11- China has extended $3 billion credit to Belarussian companies and $4 billion in commercial credit to Belarussian banks for financing business projects, Economy Minister Vladimir Zinovsky said on Monday. The credits, which appeared to include $1 billion of loans to two banks announced on Sunday, were part of a raft of deals resulting from...

  • MINSK, May 11- China has extended $3 billion credit to Belarussian companies and $4 billion in commercial credit to Belarussian banks for financing business projects, Economy Minister Vladimir Zinovsky was quoted as saying by BelTA news agency on Monday.

  • New Saudi king snubs meetings in US Monday, 11 May 2015 | 2:12 AM ET
    Saudi King Salman

    Saudi Arabia says King Salman will not attend meetings at the White House or a summit gathering at Camp David this week.

  • *Conflict spurs capital flight from Russia and Ukraine. LIPETSK, Russia, May 10- The fortunes of the Russian outpost of Ukrainian President Petro Poroshenko's candy empire have ebbed and flowed with the Russian-backed separatist conflict in the east of his country. The Crimea crisis was quickly followed by the start of the pro-Russian rebellion in eastern...

  • *Russia looks to China as ties with West fray. MOSCOW, May 8- Russia and China signed a $25 billion deal to boost Chinese lending to Russian firms and a host of other accords deepening economic cooperation on Friday as Moscow's ties with the West fray over the Ukraine crisis. In a further sign of Moscow's eastward shift, China and Russia are due to hold joint naval...

  • RUSSIA AND CHINA SIGN RAFT OF TRADE DEALS TO DEEPEN TIES@. MOSCOW, May 8- Russia and China signed a raft of agreements on Friday aimed at deepening economic ties between the two countries, including a deal for Russia's Sberbank to open a 6 billion yuan credit line with China Development Bank. The deals were signed as part of talks between Russian President Vladimir...

  • MOSCOW, May 8- Russia will sign a deal to boost Chinese lending to Russian companies by up to $25 billion over the next three years, Kirill Dmitriev, chief executive officer of Russian Direct Investment Fund told Reuters on Friday.


  • Peskov: US-Russia relations at 'freezing point'   Friday, 8 May 2015 | 4:20 AM ET
    Peskov: US-Russia relations at 'freezing point'

    One of Russian president Vladimir Putin's closest advisers, Dmitry Peskov, said in a recent interview that the US-Russian relations are at a "freezing point." NBC's Keir Simmons files this report.

  • MOSCOW, May 8- Russia and China have agreed to launch a $2 billion investment fund targeting agricultural projects in the two countries, a spokeswoman for the Russian Direct Investment Fund said on Friday.

  • West must stop telling leaders what to do: Putin Press Secretary

    Dmitry Peskov, press secretary to the Russian president, says Western leaders need to stop intervening Russia's relations with other countries.