Home / Tag Archives: cuts

Tag Archives: cuts

Novak explained why Russia cuts oil supplies to Belarus

Russia reduces oil supplies to Belarus in connection with the debt for Russian gas. As the correspondent “of Rosbalt”, about it today at the St. Petersburg international economic forum, told journalists the head of Ministry of energy of Russia Alexander Novak. “We proceed from the fact that the graphs for …

Read More »

Expert: cuts in social spending exacerbates the crisis

Cuts in social spending during the crisis only threatens to exacerbate the crisis, says the Professor, HSE Paul Kudyukin. As the expert has declared the correspondent “of Rosbalt”, lower incomes will reduce the purchasing power of the population. “Sufficiently many governments, not only in Russia, in the crisis of trying …

Read More »

The production cuts in OPEC, the oil quotes did not help

Oil prices fall for the second day in a row. A barrel of Brent mix is cheaper by about 1%. Not even data from OPEC. In its monthly report, the cartel said cut production in February by nearly 200 thousand barrels per day. The decrease mostly attributable to lower shipments …

Read More »