By Rhod Mackenzie
Oil futures have risen sharply recently (early on 19th September they were close to $95 a barrel in London trading), but their growth is nothing compared to that of diesel futures, which in the United States, for example, hit a new record of over $140 a barrel in mid-September. I...
By Rhod Mackenzie
The price of Russian ESPO oil, which is mainly exported to China, has exceeded the price of the Brent benchmark. However, this situation is not an anomaly as ESPO light oil should be more expensive than the global benchmark Brent. This situation shows that the price of Russian oi...
By Evgeny Pozdnyakov
The United States will insist that the UN Security Council only include states that share its pro-Western views. Russia, on the other hand, wants to see representatives of the world's majority in the organisation. The reaching of a consensus will not be easy. The political sci...
By Rhod Mackenzie
By 2035, Russia will increase its gold production by 27% and become the world's leading producer of this precious metal, according to the telegram channel of Alexander Kozlov, the Minister of Natural Resources and Ecology of the Russian Federation.
According to Vestnik Zolotopr...
By Abbas Juma
A politician succeeds when he is able to balance skilfully in a crisis situation, to gain maximum benefit where others are drowning. A successful politician will not stand on the sidelines; he will participate in all important processes, including international conflicts. Keeping as...
By Rhod Mackenzie
The US president Joe Biden hopes to meet the presidents of the Central Asian states on the sidelines of the UN General Assembly on either 19 or 20 September. This will be the first time that negotiations have been held at the level of heads of state, as opposed to foreign ministe...