Russian consumer spending showed little sign of picking up in March as unemployment jumped to the highest in more than three years. The jobless rate rose for the first time Continue Reading
An economist at a Russian development bank said Tuesday any deal among major oil producers last weekend would’ve been moot because markets are flush with oil. Ministers from some members Continue Reading
The ruble fell the most worldwide and Russian government bonds headed for the biggest drop in two months as oil plunged after weekend talks between crude producers brought no deal Continue Reading
A recent speech by the European Commission’s vice-president in charge of energy Maroš Šef?ovi? has added fuel to an ongoing debate about the second part of the Nord Stream gas Continue Reading
Taking a long view on the global market, Russian energy company Gazprom said it selected St. Petersburg as the 2022 host of a liquefied natural gas summit. Billed as the Continue Reading
Two years ago, BP Plc said international sanctions against Russia could hurt its business there. Didn’t happen. Instead, London-based BP has found a haven in Russia, buttressed by a falling Continue Reading
When the Russian government needed to build up infrastructure in the southern city of Sochi ahead of the 2014 Winter Olympic Games, it turned to Russia’s most important lender: Vnesheconombank, Continue Reading
Oil and the Doha Meeting Russian oil and condensate production will rise through 2017, even as the nation prepares for talks on an output freeze with other producers, according to Continue Reading
Adding on to the Nord Stream natural gas pipeline running from Russia to European shores would impact the regional market significantly, an EU official said. Russian energy company Gazprom in Continue Reading
Russia believes an oil price at $45-$50 per barrel is acceptable to allow the global oil market to balance, as it prepares to meet leading oil producers in Doha later Continue Reading
