2015 has not been good to Russia; the spread between Brent and WTI is gone in anticipation of US exports and both benchmarks have flirted with sub $45 prices. A hostage to such prices, the ruble has ...
The mainstream media are falling over themselves talking about Russia’s just-signed “Holy Grail” gas deal with China, which is expected to be worth more than $400 billion. But here’s what I think the ...
June 9 saw one of the most significant attacks on the U.S. dollar to date, and most people missed it... You see, most investors think the U.S. dollar is stronger than ever. After all, the greenback is ...
Iran and Russia just took a page out of Venezuela's playbook. Like Caracas announced on Dec. 4, Moscow and Tehran are looking into cryptocurrencies as a means of upending the U.S. petrodollar's reign ...
While most investors were trying to gauge the Federal Reserve’s next moves in light of recent bank failures last week, something interesting happened in Moscow. During a three-day state visit, Chinese ...
Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy ...
The rise of cryptocurrencies is offering a number of countries a chance to liberate themselves from mainstream financial institutions that have dictated trading practices for decades. Oil is the prime ...
Over the past several years, and with accelerating frequency in the past six months, oil producing nations like Russia and Saudi Arabia have signaled their intent to break with the so-called ...
Nations that buy Russian oil and gas products are increasingly open to using local currenciesas a sanctions workaround. Sanctions against Russia have inspired local currency-denominated deals in oil ...
This article was written by Oilprice.com, the leading provider of energy news in the world. Also check out this related article: Recent trade deals and high-level cooperation between Russia and China ...
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