Pavel Sorokin

Russia bans fuel exports indefinitely

Russia bans fuel exports indefinitely

The Russian government has introduced a indefinite restriction on the export of gasoline and diesel fuel to stabilize the domestic market, the government’s press service reported. The ban is indefinite and further actions will …

Russia’s Energy Ministry names fair oil price for market

Russia’s Energy Ministry names fair oil price for market

The Russian Energy Ministry considers $45-55 per barrel to be a fair market priced for oil at the moment, optimal for demand growth, but would not allow shale projects to grow, Deputy Energy Minister Pavel Sorokin said. "In our …