Tag: Russia
The largest buyers of Russian gas are likely to put coal-fired...
Efforts to reduce dependence on Russian natural gas imports lead to surprising considerations. Germany, Italy, Austria and the Netherlands are bringing coal-fired power plants back...
Europe may face fuel shortages, warns International Energy Agency chief
The current energy crisis is much more serious than the one the West faced in the 1970s. Fatih Birol, head of the International Energy Agency,...
The rouble weakened sharply towards the end of last week in response to...
The ruble market appears to have reversed the trend that the Russian currency has set over the past few weeks. While the ruble has been permanently...
The ruble is the strongest since 2015. Thanks to the willingness of...
When the exchange rate of the Russian ruble plunged to 140 rubles to the dollar immediately after the invasion of Ukraine by Russian troops,...
Germany to help landlocked countries with liquefied gas supply
German Chancellor Olaf Scholz announced that Germany will help countries without access to the Baltic Sea to secure supplies of liquefied natural gas.
According to...
OPEC is likely to boost oil production in June. This could make...
The upcoming meeting of representatives of OPEC countries and other OPEC+ countries is likely to bring an agreement to increase oil production. The amount of...
Ukraine war has slowed post-covid economic recovery, says IMF
A military conflict in Ukraine will hit the economically developed countries the hardest (besides Ukraine and Russia).
Their gross domestic product is expected to increase...
The Russian ruble is getting stronger. Against the dollar, it is...
While the ruble fell by tens of percent against the dollar and the euro in the immediate aftermath of the invasion of Ukraine by...
OPEC will increase oil production only slightly. Despite the war in...
Although the price of black gold fell slightly in recent days, it went up again by less than three percent on Tuesday. Nevertheless, the OPEC+...
Russia will sell commodities to hostile countries only in rubles
Russian President Vladimir Putin announced on Wednesday that Russia will only accept payments in rubles for its oil and gas purchases. The measure is intended...
