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European buyers are rushing to buy crude before EU sanctions take effect. Expectations of a hefty fall in Russian oil exports and output have not materialised, because China and…
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DOI: 10.1108/OXAN-DB272296
ISSN: 2633-304X
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Russia has lost almost all its customers in Europe, which bought 48% of its crude exports by volume last year. To compensate, it has been sending more crude to Asian markets in…
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DOI: 10.1108/OXAN-DB274825
ISSN: 2633-304X
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Geographic
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Impact of oil output cuts on Azerbaijan.
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DOI: 10.1108/OXAN-DB217028
ISSN: 2633-304X
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Geographic
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Most of Russia’s hydrocarbon export revenues are generated from oil now that gas sales have collapsed. Ambitious state spending plans are based on oil revenues rising this year…
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DOI: 10.1108/OXAN-DB284811
ISSN: 2633-304X
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Geographic
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Modestly increased gas exports to China have offset only a fraction of the lost business in Europe. The United States last year imposed sanctions on the flagship Arctic-2 LNG…
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DOI: 10.1108/OXAN-DB284845
ISSN: 2633-304X
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Geographic
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Ukraine looks poised to pursue maritime drone attacks against Russian military vessels and port infrastructure. It is also trying to persuade foreign shipping and insurance…
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DOI: 10.1108/OXAN-DB281220
ISSN: 2633-304X
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In June 2022, Russia booked almost twice the revenue (USD20.4bn) from such exports. Declining oil income poses a serious challenge to the administration of President Vladimir…
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DOI: 10.1108/OXAN-DB280900
ISSN: 2633-304X
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Geographic
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Prospects for the Arctic in 2018-22.
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DOI: 10.1108/OXAN-DB226352
ISSN: 2633-304X
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Geographic
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The current account is showing a healthy-looking surplus as export commodities are priced high and imports shrink. That may change as sanctions bite into exports of oil and other…
Russian Arctic update.