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Sanctions will reduce Russia’s oil exports eventually

Location:

RUSSIA

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…

Russian oil exports will be tested in future

Location:

RUSSIA

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…

Saudi Arabia's oil market policies will be aggressive

Location:

SAUDI ARABIA

The oil cuts reflect the country’s newly assertive oil market policy that is largely driven by the need to fund the government’s economic programme. It also underlines Riyadh’s…

Kazakhstan will struggle to boost oil output

Location:

KAZAKHSTAN

Astana's aspirations to reach 2 million b/d have been set back by difficulties in raising output at major fields. Government efforts to diversify the economy away from…

Belarus will seek closer integration with Russia

Location:

BELARUS

With both countries facing isolation from the West, Russia and Belarus are seeking to move closer together. The contact mechanisms of the Union State of Russia and Belarus are…

Central Europe is cutting dependence on Russian energy

Location:

EASTERN EUROPE

The four Visegrad (V4) countries -- Hungary, Czechia, Slovakia and Poland -- have built up gas stocks to prepare for the winter. Once the EU states most dependent on Russian gas…

Russia will consolidate strong ties in the Gulf

Location:

RUSSIA

Russia seeks to enhance its cooperation with the Gulf Arab states to offset its diplomatic and economic isolation from the West, leveraging its status as a valued security partner…

Global South will become even more important to Russia

Location:

RUSSIA

Fostering closer trade and financial ties with countries outside the West is essential if Russia is to improve its economic security and enhance its sovereignty. For Moscow it is…

Russia may struggle to cut oil supplies

Location:

RUSSIA

RUSSIA: Moscow may struggle to cut oil supplies

Russia’s war in Ukraine puts Gazprom at risk

Location:

RUSSIA

In October the government of Moldova decided to cease buying natural gas from Gazprom, having secured sufficient supplies from alternative sources at a lower price. Although…