Russia may be blacklisted by FATF, global bank transfers to be nearly impossible
Russia is concerned that the world’s main anti-money laundering organization, FATF, could blacklist it following its June 19-23 plenary meeting. That would mean that any international payments for Russia would…
OPEC+ agrees to CUT oil output from 2024
The Organization of Petroleum Exporting Countries (OPEC) and its allies, led by Russia, agreed Sunday to cut overall oil production targets by a further 1.4 million barrels per day (bpd)…
The total reduction in oil production by OPEC+ countries by the end of 2024 will amount to 3,6 million barrels/day
Russian Deputy Prime Minister Novak: The total reduction in oil production by OPEC+ countries by the end of 2024 will amount to 3,6 million barrels/day from the level of October…
Saudi Arabia announces further oil cut of 1 million barrels per day
Following a meeting of OPEC+ major oil producers on Sunday, Saudi Arabia’s energy minister said his country would slash oil output further by one million barrels per day in a…