President seen cherry-picking proposals from Kudrin, others Kudrin’s mandate as adviser said limited to post-2018 plans Vladimir Putin’s economy has been shrinking for 18 months but he still doesn’t have Continue Reading
A truck drives past pump jacks at an oil field Buzovyazovskoye owned by Bashneft company north from Ufa, Bashkortostan, Russia, July 11, 2015. The global economic slowdown has hurt millions Continue Reading
Bank of Russia expected to leave borrowing costs unchanged Brent in ruble terms declines more than 2 percent this week The ruble headed for the biggest weekly decline since January Continue Reading
Currency reverses gains after U.S. crude stockpiles increase Bonds gain first time in 11 days as debt auction demand rises The ruble fell for a seventh day and bonds gained Continue Reading
Currency catching up with crude after verbal interventions Bonds fall, pushing five-year yields to highest in two weeks The ruble extended its worst losing streak of this year, pressured by Continue Reading
With oil holding relatively stable, there are few restrictions on meeting inflationary goals by the end of next year, a Russian finance minister said. “Inflation [in 2016] will be in Continue Reading
The Russian ruble is proving surprisingly impervious to the price of oil. The currency of the world’s largest energy exporter has more or less ignored the value of the commodity Continue Reading
Putin aide says ruble has begun to ‘over-appreciate’ Bank of Russia says it won’t influence the exchange rate Russia’s ruble headed for its lowest level in a week on speculation Continue Reading
Three export terminals on Russia’s Arctic coast shipped an average of 230,000 barrels of crude in the second quarter of 2016. This figure is almost equal to Libya’s total daily Continue Reading
For all the talk that Brexit would spell the end to the EU drive for energy market liberalization, the European Commission seems to have no intention to halt its ambition Continue Reading
