The world’s fifth largest consumer of natural gas, China, is planning to boost imports from neighboring Russia, according to the Chinese Board of Energy Affairs. Beijing will also buy more gas from Kazakhstan. At the same time, China is set to promote diversification of natural gas imports, an official source said, as quoted by government-controlled […]
Russia has left the top-30 list of top lenders to the United States by radically slashing US Treasury bills ownership. RT-polled analysts have shared their opinion on the move. “Both political and economic reasons could be found here. The Central Bank may have thought that Russia-owned Treasuries could be frozen because of geopolitical tensions. The […]
OPEC member Angola wants to expand its commodity mix into gold and hopes to start producing small quantities of the precious metal next year, its oil and mineral resources minister Diamantino Azevedo told Reuters on Tuesday. The minister does not expect OPEC to impose deeper cuts to its member states this year, and told Reuters […]
