By Rhod Mackenzie
From July 15 to August 14, the average price of the Russian Urals brand of export oil mixture was $70.33 per barrel, or $513.4 per ton (against $58.03 per barrel a month earlier). From September 1, the Ministry of Finance will increase the export duty on oil by $4.5, to $21.4 per...
By Sergey Manukov
Gas futures made another jump - they soared by 18% on the news about the increased likelihood of a strike by Australian gas workers. Dutch gas futures for delivery next month reached 39.15 euros per MWh (411 euros per thousand cubic meters) yesterday afternoon in Amsterdam.
Pri...
By Artem Egorov
China is increasingly crowding out German products in EU markets, according to a study by the German Economic Institute (IW).
This is especially noticeable in the field of advanced industrial products, where Germany remains the leader so far. In some sectors, China's share of EU...
By Elena Alifirova
Russia and the Republic of South Africa (SAR) are negotiating several joint energy projects in the country, incl.one on the construction of a gas power plant.
This was announced on August 15, 2023 by the Ministry of Energy of the Russian Federation following a meeting between D...
By Rhod Mackenzie
The Belarusian Foreign Minister Sergei Aleinik will take part in the events of the BRICS summit in South Africa. This was announced today, on August 16, by the press secretary of the Belarusian Foreign Ministry Anatoly Glaz.
“We have received our invitation,and our delegation i...
By Maria Stroiteleva
The health index of Russian business in the second quarter of 2023 reached 69 points - the value was the highest for the period from 2019 to 2023 . This is stated in a joint study by hh.ru, Tochka Bank and Calltouch (available to Izvestia). The highest rates of recovery were s...