The world market in 2012 was characterized by the persistence of high global oil and natural gas prices. The average price of Russian Urals crude oil on the European market, according to preliminary estimates, amounted to $ 110.3 per barrel, and that of Russian natural gas – to $ 418,2 per...

Since the beginning of 2012, the situation in the oil and gas sector has been characterized by the persistence of high global oil and natural gas prices. According to preliminary estimates, the average price of Brent crude oil in January‐September 2012 amounted to $ 112.4 per barrel, which...

In January-August 2013, the global oil market was characterized by the persistence of high oil prices. The 2013 annual volume of crude oil production in Russia will exceed 520 million tons, hitting record high since 1990. At the same time, according to statistics, the Russian oil industry is...

Russian Abstract: Разразившийся в декабре 2014 г. кризис на валютном рынке, а также предпринятые для его преодоления денежными властями и правительством меры (в частности,...

Russian Abstract: Июнь стал в определенном отношении переломным месяцем в развитии нынешнего кризиса в российской экономике. По предварительным данным Росстата, в июне...

In 2015, the oil sector was subject to the so called “tax maneuver”, a system of measures aimed at significant reduction of economic component of the export duties and increasing the base rate of the mineral extraction tax. Tax maneuver will result in a more efficient structure of the tax...

Despite the adherence to the commitments according to the OPEC+ deal on the joint efforts to cut production, during Russia's three-year participation in the deal as a whole the annual crude oil production in the country increased by 2.4% on the back of stabilized world crude oil prices. Collapse...

Russian Abstract: Три предыдущих кризиса в России были разными, начавшийся кризис также имеет свои отраслевые и пространственные особенности. Риски занятости...

Implementation of OPEC+ oil output cut agreements has led to stabilization of the world oil prices in the $60-70 per barrel range. In H2 2019, the oil prices pushed closer to the lower bound of this range. In December 2019, members of OPEC+ decided to cut further the oil production from January...

The oil output cut agreement between some OPEC and non-OPEC countries, including Russia, pushed global crude oil prices to USD 50–55 a barrel in the first few months of 2017. The oil output boost in the United States and in some other countries has become an increasingly greater challenge...