The Ministry of Finance plans to spend 13.5 billion rubles daily on purchases of currency and gold within the budgetary rule from July 7 to August 5, according to the ministry. Such spending will hit...

If OPEC+ negotiations on oil production fail completely, the market can face a price war. Analysts do not consider such a scenario as the most probable, but do not rule out this threat. “In the...

Electric vehicle company Tesla was able to double sales in the spring of 2021 from the same period a year earlier and bypass one of the main problems of the global economy. The global chip...

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...