At first glance, Nigeria’s decision last month to move to a floating exchange rate and the announcement of the merger of two banks in the United Arab Emirates (UAE) last week have little in common. Nigeria is a country with a population of almost 180 million and with a GDP …
Read More »A price war between Russia and the oil producers of the Middle East is becoming more intense. About it as transfers “Interfax”, said in its monthly report the International energy Agency (IEA). The document notes that Iran, Iraq, Saudi Arabia and Kuwait are trying to win Russia’s traditional and …
Read More »
The next, already the third this year an unsuccessful attempt of the countries-participants of OPEC to agree on the freezing of oil production was the signal for the retreat of world prices for “black gold”. 3 June, the cost of the August futures for Brent crude on the London ICE …
Read More »
Without oversight Committee to comply with the agreements about the freezing of oil production would be problematic, reports RIA “Novosti” with reference to the source. At the meeting of oil-producing countries in Doha on Saturday held talks experts. On Sunday the planned consultations of Ministers. In that case, if the …
Read More »
Countries-oil exporters are concerned about the current situation on the world energy market and is ready to seek a compromise solution. This opinion was expressed analyst GK Forex Club Irina Rogova. She recalled that “today, the Brent crude oil got support on the background information about what oil-producing countries will …
Read More »
The United States and Russia remain the world’s largest exporters of major conventional weapons. This statement was made by representatives of the Stockholm international Institute of peace studies (SIPRI). In accordance with the published rating, at the head of the five largest suppliers of weapons is the US, the main …
Read More »