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ST PETERSBURG — Igor Sechin, the head of Russia’s top oil producer Rosneft, said on Wednesday the United States is calling the shots on global oil markets, while the influence of OPEC has shrunk. The United States emerged with renewed vigor as a top producer thanks to its shale boom. By refusing to curb its output to prop up oil prices, OPEC …

Last year, Russia’s flagship economic forum in St. Petersburg, traditionally held in June, was moved forward to May to make room for a meeting of the G8 group of industrial nations in the Russian resort town of Sochi. The meeting in the host city of the 2014 Winter …

Russian President Vladimir Putin said on Tuesday that Russia would be forced to direct its armed forces at any countries which might threaten it, potentially adding to tensions with Western powers over its military ambitions. Tension has flared with the West over Moscow’s role in the Ukraine crisis, in which pro-Russian separatist forces have seized …

In the interest of global peace, the United States must mend relations with China, or else suffer the consequences of World War III. At least, that’s what billionaire investor George Soros says.  “Both the US and China have a vital interest in reaching an understanding because the alternative is …

Russia will likely retaliate against the Pentagon’s planned deployment of its F-22 Raptor fighters in Europe, according to Vladimir Batyuk, from the Institute for US and Canadian Studies of the Russian Academy of Sciences. The US’ possible deployment of its F-22 Raptor fighters in Europe will inevitably provoke confrontation between Russia …

Russia is rattling its saber. China roams around the South China Sea. Here we go again. According to some, we are said to be “at war.” Thankfully, for now it is just a “war of ideas.” That is intended to offer some comfort. But even accepting this premise, …

The rupture between Russia and the West stemming from the 2014 crisis over Ukraine has wide-ranging geopolitical implications. Russia has reverted to its traditional position as a Eurasian power sitting between the East and the West, and it is tilting toward China in the face of political and …

At the 2015 International Paris Air Show that is to kick off Monday at the Le Bourget airport, Russia will focus mainly on negotiations with European companies, Russia’s state-run arms exporter Rosoboronexport said.  PARIS (Sputnik) — The 51st Paris Air Show will take place on June 15-21 and is expected …

The number of companies that applied to attend Russia’s St. Petersburg International Economic Forum 2015 scheduled to take place later in June is growing and the event’s geography is expanding, St. Petersburg governor Georgy Poltavchenko said. ST.PETERSBURG (Sputnik) — The St. Petersburg International Economic Forum has been held annually …