Russian oil exports to non-CIS countries fell sharply by 12.1 percent (to 104.06 million tons) in the first half of the year compared to the same period in 2020. Average daily exports were at 4.21...

Analysts expect oil prices to continue to rise in the coming months, moreover, Bank of America call the $100 per barrel mark by the summer of 2022. In the first half of 2021, oil has...

A sharp decline in international tourism due to the pandemic can cost the global economy $4.8 trillion in 2020-2021. One of the reasons is the lack of vaccines in developing countries. A report released on...

The IMF predicted the US the highest GDP growth rate in modern history. According to the forecast of the international organization, the American economy will grow by 7 percent this year, if the US legislators...

Saudi Arabia and Russia have reached preliminary agreements on a gradual increase in oil production in the OPEC+ countries in the coming months, and the development of the situation in the industry suggests that the...