Search results
1 – 10 of 197In 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…
Details
DOI: 10.1108/OXAN-DB280900
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
Details
DOI: 10.1108/OXAN-DB274825
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
Details
DOI: 10.1108/OXAN-DB284811
ISSN: 2633-304X
Keywords
Geographic
Topical
This is Russia’s drastic response to most developed states’ economic sanctions following the invasion of Ukraine. It means a new geography of foreign trade that will not only…
Details
DOI: 10.1108/OXAN-DB278226
ISSN: 2633-304X
Keywords
Geographic
Topical
Reduced global demand due to COVID-19 and the collapse of OPEC+ output caps have driven prices under 40 dollars per barrel. That does not benefit Belarus, as its petroleum product…
Details
DOI: 10.1108/OXAN-DB251393
ISSN: 2633-304X
Keywords
Geographic
Topical
An EU ban on Russian refined oil and an accompanying price cap may do more immediate damage than earlier restrictions on crude, as petroleum products are more difficult to place…
Details
DOI: 10.1108/OXAN-DB276365
ISSN: 2633-304X
Keywords
Geographic
Topical
The steep fall in global oil prices and rapid spread of COVID-19 have ended hopes of economic revival in 2020. The government has allocated 300 billion rubles (4 billion dollars…
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…
The industrial sector in Belarus.
Details
DOI: 10.1108/OXAN-DB240954
ISSN: 2633-304X
Keywords
Geographic
Topical
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…