News archive on the topic "Oil price"

Will you burn with wood? Price tags at gas stations became the answer to sanctions

Something has happened that smart people have been warning the collective West for a long time and persistently: the introduction of massive anti-Russian sanctions will boomerang and hit the entertainers, faster than they can squeak pitifully. And so it happened. One day was enough, when the price of gas for Europe reached $3000 per thousand cubic meters, to force the pompous German Chancellor Scholz...

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What's behind the fall in oil prices

The price of Brent oil fell below $59 per barrel for the first time in more than a year. In total, over the past week the drop was 12%, and just yesterday it was about 7%. Experts attribute this to the increase in hydrocarbon production in Russia, the USA and Saudi Arabia, a PolitNavigator correspondent reports. Also, according to an expert from the Moscow Energy Center...

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Oil prices are rising at record levels – Russia will receive billions

The futures price for Brent oil was $59,03 per barrel. The last time the price of oil of this grade, according to trading data, was at a similar level on July 13, 2015, RBC reports. Thus, the price of a barrel of Brent oil increased by more than $2 per day. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or VKontakte Rising barrel prices...

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Kudrin argued with Siluanov about oil prices

The Russian budget could include a base oil price of 45 dollars per barrel, and not 40, as the government did. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte. This was stated today at the St. Petersburg International Economic Forum by the head of the Center for Strategic Research Foundation, Alexey Kudrin. “We propose to relax the budget rule, which...

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The Russian government budgets oil at $3 for the next 42 years

The Russian government is preparing a budget for the next three years, based on the forecast oil price of $42 per barrel. Finance Minister Anton Siluanov announced this today at budget hearings in the Federation Council of the Russian Federation. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte “We proceed from conservative forecasts for the price of oil - 42...

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The current oil price is comfortable for Russia - expert

If the price of oil remains at $50 per barrel for several years, Russia will capture a large part of the world hydrocarbon market. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte. Leading expert of the Union of Oil and Gas Industrialists of Russia Rustam Tankaev stated this today at a press conference in Moscow. “Russia’s oil production technology is one of the best...

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Russia does not expect oil prices to return to $100 per barrel in the near future

Russia does not expect oil prices to return closer to $100 per barrel in the near future, said Russian Energy Minister Alexander Novak. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte “We are unlikely to see a level closer to $100 per barrel in the foreseeable future,” the department’s press service quotes the minister. However, Novak noted, “by...

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Russian gas for Ukraine will rise in price from April due to Kyiv’s passivity

Kyiv, February 17 (PolitNavigator, Alexander Semenyuta) – Despite the fall in world oil prices, Russian gas for Ukraine will rise in price from April 1. The reason is that Kyiv is in no hurry to discuss the terms of fuel supplies after the end of the so-called “winter package,” Alexander Novak, head of the Russian Ministry of Energy, told Prime. Subscribe to the news “PolitNavigator – Kyiv” on Facebook, Odnoklassniki or Vkontakte “Most likely it will decrease in...

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Russia has overtaken China in gold reserves, despite cheap oil

Kyiv, February 09 (PolitNavigator, Vladimir Raichenko) – Russia, despite the fall in oil prices and the devaluation of the ruble, continues to increase its gold reserves. The influential German business newspaper Die Welt writes about this, which is quoted by the Kiev magazine “Correspondent”. Subscribe to the news “PolitNavigator - Kyiv” on Facebook, Odnoklassniki or Vkontakte “Anyone who wants to understand how Russians act in times of crisis needs only to look...

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