Tag Archives: Russia

China Boosts Oil Imports from Russia

Shipments of Russian crude oil to China increased more than 30 percent in March compared to a year earlier while Saudi imports of the commodity sank, Reuters reported, citing Chinese customs data. As crumbling demand for crude and lack of storage space have been wreaking havoc on the oil market, …

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Russia’s Oil Industry has Certain Reserves

The Russian oil industry does not yet need government support, it has accumulated certain reserves, Russian Minister of Economic Development Maxim Reshetnikov said in an interview with Rossiya 24 TV channel. “So far they are managing. On the one hand, certain reserves have been accumulated, and on the other hand, …

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Russia Concerned about US Threats to Iran

Russia is concerned by the US threats to Iran amid tensions in the Persian Gulf and is calling on both sides to exercise restraint, Russian deputy Foreign Minister Sergei Ryabkov said on Saturday. According to the diplomat, the United States is interpreting its right to self-defence in its own way …

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