breakingnews
24.10.2008, 22:51
The Russian markets have weathered another week dominated by bad news, amidst continuing turmoil on the international, as well as domestic front. Meanwhile, the government and Central Bank have stepped up their efforts to protect the wider economy and the
11.12.2008, 18:55
Russia says it is not only considering cutting oil production, but is also mulling OPEC membership. President Medvedev says Russia is ready for the step and it could help put a floor under prices.
14.12.2008, 07:01
Russia is attending next week's summit of the oil cartel OPEC in Algeria along with three other non-member countries – Azerbaijan, Oman and Syria. Faced with a budget deficit at home, President Dmitry Medvedev says he is considering joining OPE
Published: 24 October, 2008, 12:51
The Organisation of Petroleum Exporting Countries, has decided to cut output by 1.5 million barrels a day as of next month in an attempt to shore up sagging prices.
