Found: 500

An expert has predicted that Russia's oil exports will grow by more than 10%.

... Year-End (Izvestia) An expert predicts that Russia's oil exports will increase by more than 10% by the end of the year. The reduction in gasoline exports, effective from August to December 2024, may lead to a redirection of crude oil to external markets. Additionally, the easing of OPEC+ quotas will allow Russia to boost oil production, further contributing to the growth in exports. Russia's Oil Exports to Increase by Over 10% by Year's End, Says Open Oil Market CEO Sergei Tereshkin Russia's ...

Gas Supply Risks for Europe This Winter

With winter approaching, Europe faces potential gas supply disruptions due to reduced Russian imports and global energy market instability. This article explores the main causes of these risks, including limited LNG availability and geopolitical challenges. We also look at the EU's response—expanding LNG imports, building strategic reserves, and improving energy efficiency—to ...

The US Fails to Comply with LNG Contracts to Europe Worth Tens of Billions: Implications for Europe's Energy Market

... article looks at the reasons for the supply diversion, the implications for Europe's energy security, and possible steps the EU could take to protect its energy supplies ahead of winter. Find out how the US contract violations are affecting the European market and what steps could be taken to reduce reliance on supplies from abroad. The U.S. Fails to Honor LNG Contracts with Europe Worth Billions: Implications for the European Energy Market Amidst global energy instability, Gazprom has announced that ...

What Factors Influence the Central Bank's Key Rate?

What factors influence the Central Bank's key rate? We examine how inflation, economic growth, exchange rates, the situation on world markets and other indicators determine the Central Bank's rate decisions. Find out why this important monetary policy instrument has such an impact on the economy and our daily lives. What Factors Influence the Central Bank's Key Rate? The key rate ...

What is devaluation in simple terms and how does it affect the Russian economy?

... resources fall, the inflow of currency into the country decreases. As a result, the ruble exchange rate falls. Central Bank Policy: Sometimes the Central Bank may deliberately devalue the ruble to make domestic goods more competitive on the international market. How does devaluation affect the Russian economy? Rising import prices: When the ruble loses its value, imported goods become more expensive. This means that Russians spend more on foreign-made goods, such as cars, electronics, medicines, and even ...