oil prices per barrel back to 1946
The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly…
Thanks to Sanctions, Russia Is Cushioned From Virus’s Economic Shocks
Years of economic isolation and bulging financial reserves have positioned the country to ride out the coronavirus panic and bounce right back. Paradoxically, however, those sanctions and the policies Russia…
Trump says oil price war ‘devastating’ for Russia – but it’s Saudis & US shale that stand to suffer most
Plummeting oil prices have sparked another round of predictions about the economic collapse of Russia – this time from US President Donald Trump, who sounded a lot like his predecessor…
‘Seasonal madness provoked by coronavirus’ – Kremlin on reports US may sanction Russia over oil prices
A Wall Street Journal report stating that the US government is considering additional sanctions on Russia over its role in the collapse of oil prices has been ridiculed by Vladimir…
New York passes 10,000 coronavirus cases, as statewide lockdown ordered
New York State has reported its 10,000th person with the Covid-19 coronavirus, and now accounts for more than half of all the US’ cases. Meanwhile, the federal government has declared…
Emerson business extension in Russia keeps on going
The company launches production of pressure regulators based at Metran IG whereas up to now the nearest regulator manufacturing facility has been located in Europe.Russia, Chelyabinsk (December 11th, 2014) -…
China getting back to business as worst of coronavirus outbreak in country appears to be over
The Chinese economy is slowly recovering from the Covid-19 epidemic, with production facilities, stores and leisure complexes resuming operations after weeks-long closures. The coronavirus outbreak could have already “passed its…
Putin envisions new migration and citizenship policies, initiates reform
President Vladimir Putin has approved fresh guidelines for Russia’s migration and citizenship policy, entrusting the government with reforms expected to make procedures more transparent, unified, and digitalized. A document outlining policies…
Russia swiftly reacts to bloodbath in markets, says it’s ready for $25 oil
Russia’s sovereign wealth fund has enough reserves to cover budget deficit for years, even if oil prices stay between $25 and $30 per barrel, the Finance Ministry announced amid a…
Huawei teaming up with Russia’s largest bank to develop cloud services for businesses
Chinese technology giant Huawei announced this week a strategic partnership with Russia’s Sberbank to provide cloud services for Russian businesses. The clients of SberCloud.Advanced are projected to range from large…
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