Archive for April, 2011
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Russia Oil Production Near Record Levels
Sunday, April 17th, 2011
Russia oil production remained near post-Soviet records in February, at 10.23 million barrels a day. Crude exports from the country have advanced 2% month-over-month as well. The Russian Prime Ministe…
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Russia’s Finance Minister says Oil Prices Will Ease in 2012
Sunday, April 17th, 2011
Alexei Kudrin, the Finance Minister of Russia stated that the price of oil shipments in the global market with start decreasing in 2012 as governments begin to withdraw stimulus measures. Russia's…
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Unrest in Middle East Expected to Increase Oil Prices
Sunday, April 17th, 2011
Bloomberg News Survey, based on the responses of 33 analysts, suggests that oil prices will increase as Saudi Arabia decreases oil production. 45% of the respondents forecasted that oil prices will ke…
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Russia ‘Gas War’ Cables
Saturday, April 2nd, 2011
WikiLeaks has released six new classified US State Department cables that were written during the Russia gas crisis of early 2009, when Russia shut off gas supplies to Ukraine and Europe. That crisis …