SCO & BRICS latest news and insights
By Rhod Mackenzie
Analysts at JPMorgan, have concluded that the correlation between the strength of the dollar and oil prices is weakening. Moreover, thishas happened mainly because literally every day more and more transactions in the oil markets take place not in dollars, but in national currenc...
By Olga Samofalova
Russia has been selling its Urals grade crude oil above the sanctions price ceiling for two months now. However, the West it appears is in no hurry to adjust their sanctions policy, although it initially threatened to do so every two months. The US and Europe are not silent for...
By Igor Nedkin
As of the results of Monday, oil prices werw up to almost $90 per barrel. In total, from the lows of the end of June, the growth has been 25%. Until recently, this was hard to imagine this happening , because the market seemed to be frozen - prices have remained in the range of $ 75...
The Russian Federation may extend the reduction in oil exports that began in the summer to October, but there is no final decision yet. In July-August, the country reduced supplies abroad by 500,000 barrels per day (b/d), and in September it promises to keep the decline at 3
00,000 b/d. The expecte...
By Sergey Manukov
The deliveries of Russian oil by sea on August 21-27 reached, according to Bloomberg, 3.4 million barrels per day. This is 880 thousand barrels per day. more than a week earlier. Russian oil exports in the penultimate week of summer reached the maximum for 8 weeks, i.е. almost tw...
