|Bid||0.00 x 610000|
|Ask||0.00 x 268000|
|Day's Range||314.30 - 318.00|
|52 Week Range||291.00 - 425.70|
|PE Ratio (TTM)||8.54|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The potential Rosneft purchase of Venezuela’s Citgo has come under fire from U.S. senators who believe the transaction will pose a security risk
Russia, the only major power that has not called on Iraq's Kurds to cancel a referendum on independence next week, has swiftly become the top funder of Kurdish oil and gas deals, with as much as $4 billion pledged in less than a year, industry sources say. Washington, European countries, Turkey and Iran have all lined up to oppose a move by Iraq's Kurds to hold a Sept. 25 independence referendum, which the Kurds consider the culmination of decades of struggle for a state of their own, but Iraq calls a violation of its constitution.
Russian oil major Rosneft will invest in gas pipelines in Iraq's autonomous Kurdistan, expanding its commitment to the region ahead of an independence referendum to help it become a major exporter of gas to Turkey and Europe. Kurdistan's parliament approved a plan on Friday to hold a referendum on independence on Sept. 25, ignoring opposition from Baghdad and the wider region as well as Western concerns that the vote could heighten tensions in the region. Kurdistan has been exporting oil independently from Baghdad since 2014 and Kremlin-controlled Rosneft joined the list of buyers this year, lending the region hundreds of millions of dollars in loans guaranteed by future oil sales.