SCO & BRICS latest news and insights
In March, Asian buyers received an average of 27.48 million barrels per day. According to Oil Price reports, data for January and February 2024 showed 27.18 million bbl/d and 26.70 million bbl/d respectively. Experts attribute the high March result, among other factors, to the price. During the time...
During his negotiations with Dutch Prime Minister Mark Rutte on March 27, Chinese President Xi Jinping made several bold statements that were widely quoted by the media of many countries.
For example, Xi was quoted by CNBC, citing the Xinhua agency, as saying, 'The Chinese people have the legitima...
Russian oil companies experienced payment delays for crude oil and fuel of up to several months. According to Reuters, this is due to several banks in China, Turkey, and the UAE being afraid of secondary sanctions. However, experts suggest that the situation is not critical.
Eight sources cited by...
On 26th March, Igor Krasnov, the Prosecutor General of the Russian Federation,gave an interview with the Kommersant newspaper wheren he stated that the Russian investigation into the acts of international terrorism in connection with blowing up of the Nord Stream branches is progressing.
Krasnov...
The price of the enriched uranium sold by Russia to EU countries has increased by 2.5 times. In 2021, the price per kilogram which was €678, rose to €1163 in 2022 and further t increased to €1713 by the end of 2023. This is close to the 2013 figure when a kilogram of uranium cost €2,004.So will the...
Last year, the Federal Customs Service calculated that the sobotage of the Nord Stream pipelinescost the Russian budget over a trillion rubles in lost revenue from gas exports. Sanctions against the oil industry caused less damage to the budget. Despite this, the budget was managed. How did Russia...
