FSUOGM - Former Soviet Union Oil & Gas

26 March 2020

Fitch cuts oil price outlook for 2020 from 62.5/bbl to $41/bbl on global recession fears

24 March 2020

Fitch Ratings has cut its short and medium-term oil and natural gas price assumptions in expectation of very large market oversupply in 2020.

Nigeria seen cutting Bonny Light, Qua Iboe prices by at least $3 per barrel

24 March 2020

Nigeria will reportedly join Saudi Arabia in selling its oil at a significant discount to Brent, one of the world’s main benchmark crudes.

Russian pipemaker ChelPipe getting ready for IPO

24 March 2020

With the predominance of oil and gas in Russia’s economy the pipe-making business is a big one. ChelPipe is the market leader and is now considering an IPO.