Supplies along Northern Sea Route will grow after Suez Canal situation
The loading volume of the Northern Sea Route has great potential for expansion after the blocking of the Suez Canal, used to pass up to 12% of the world cargo traffic, the Russian Energy Ministry told …
Laying another Nord Stream 2 line to begin in late March
Work on laying the second line of the Nord Stream 2 gas pipeline in the exclusive economic zone of Denmark will begin at the end of March, according to the schedule of the Nord Stream 2 AG company, …
US congressmen request Blinken to impose new sanctions against Nord Stream 2
US House of Representatives Foreign Affairs Lead Republican Michael McCaul and four his fellow party members requested US Secretary of State Antony Blinken to explain why the US administration has not …
Brent crude surpasses $65 per barrel first time since January 2020
The price of futures contracts of Brent crude oil for April 2021 on London’s ICE went up by 1.2%, reaching $65.12 per barrel, according to the trading data as of 04:01 Moscow time.
This is the …
Impact of sanctions on Nord Stream 2 to depend on US-Germany talks
The impact of the US sanctions on the construction of the Nord Stream 2 gas pipeline will depend on the results of talks between Berlin and Washington, CEO of Austria’s OMV Rainer Seele (one of …
Russia’s Antimonopoly Service says oil products prices will be below inflation
The Federal Antimonopoly Service (FAS) of Russia currently sees no prerequisites for a rise in prices for oil products above inflation, according to the department’s press release.
"FAS Russia …
Brent crude exceeds $57 first time since Feb 24
The price of futures contracts of Brent crude oil for March 2021 on London’s ICE went up by 0.42% compared to the previous closing, reaching $57.07 per barrel, according to the trading data, …
World billionaires get richer by $1.9 trillion in 2020
The billionaires of the world became richer by $1.9 trillion in 2020, according to the estimates Forbes released on Wednesday.
The magazine reports that, as of December 11, 2020, the …
Bitcoin price surpasses $21,000, hitting all-time high
Bitcoin price rose by 9.5% in the course of the trading session and reaching $21,298 at its peak, according to the trading data as of 00:54 am Moscow time.
The cryptocurrency price has set a new …
World Bank expects oil price to increase to $44 per barrel in 2021, $50 in 2022
The World Bank expects the oil price to rise to $44 per barrel in 2021 and to $50 in 2022, the organization said in its latest Russia Economic Report on Wednesday.
"Oil prices are forecast to …