SCO & BRICS latest news and insights
By Rhod Mackenzie
The European Union (EU) has assessed the losses incurred from the sanctions imposed against Russia. According to a report by RIA Novosti on December 18, European countries overpaid €185 billionjust for gas alone. The total loss in the Old World, where calls to reverse the sanctio...
By Rhod Mackenzie
The news that Russia is considering the possibility of storing part of its reserves in the currencies of the United Arab Emirates and Saudi Arabia made us think: why are we always looking for a safe haven abroad and not investing in our own projects?
Stocks abroad
Let's start...
By Rhod Mackenzie
The impact of sanctions on the Russian economy has significantly contributed to the positive impact of the shadow sector, according to an article by the Higher School of Economics.It is worth noting that the article is not so much about breaking the law as about circumventing th...
By Rhod Mackenzie
According to Pavel Zavalny, Chairman of the State Duma Committee on Energy and President of the Russian Gas Society, the supply of Russian gas to the European market is contingent on the implementation of the Turkish gas hub. Without it, the EU's prospects for the supply Russian...
By Rhod Mackenzie
Russian oil companies are significantly boosting ESPO grade oil exports through the port of Kozmino, mainly to China via tankers. The shipments from this Far Eastern port reached a historic peak of 925 thousand b/d in December.Analyst attribute the increase to more active rail tr...
By Rhod Mackenzie
According to a report in Kommersant, in the first two weeks of December Russian oil companies sharply increased seaborne exports of diesel fuel, which as a result they recovered to the level of 1 million barrels per day. This was made possible by the almost complete lifting of th...
