Siluanov: Russia’s Budget Deficit Could Reach 0.9% of GDP Under Current Oil Prices
Russia’s Finance Minister Anton Siluanov told the upper house of parliament on Saturday that the country’s budget deficit could reach...
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Russia Set to Announce New Measures to Help Economy Amid Challenges
The Russian government may announce new economic measures this week to help offset the dual impact of low oil prices...
Finnair Cancels All Russia Flights over Coronavirus Fears
Finland’s national air carrier Finnair has canceled flights to Russia along with some other countries in the wake of the...
Russian Analysts Say Moscow-Riyadh Oil Price War Could Actually Benefit Both Sides
The price war of the two largest oil producers could hurt other countries where production costs are larger, such as...
Turkish Shipyard to Build Another Trawler for Russia’s Okeanrybflot
Turkey’s Tersan Shipyard has signed a contract to build a new 108-meter freezer stern trawler for one of Russia's leading...
Russian Oil Firms Prepare for Massive Production Boost
Russian oil companies are comfortable with current and even lower oil prices and are preparing to raise production from April,...