Return of the price war? Belarus may be the final straw

Russia has increasingly more reasons to abandon the OPEC+ agreement and revert to a price war. By going against the cartel and its powerful members, Moscow would be able to keep tabs on the situation in Europe and in Belarus and grow its assets in Asia – writes Wojciech Jakóbik, editor in chief at BizensAlert.pl.

Transneft drags its feet over paying Druzhba oil compensation

Russia played on time before holding talks on compensating all losses incurred by crude recipients for contaminated oil flows injected into the Druzhba pipeline system. This reaction probably stems from a Russian internal clash between the country’s largest oil producer Rosneft and oil pipeline monopoly Transneft. The latter has recently made a unilateral decision to […]

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