The Russian export duty on petrol is due to grow by 44%, to 408.3 dollars per one ton, as of May 1st. Prime Minister Vladimir Putin signed an order to that end earlier today.
Russian oil companies, Rosneft and LUKoil have signed an agreement covering the terms and conditions of long-term cooperation.
According to the IMF, success in the struggle against the crisis depended on three key factors: resolute political response of the government, close cooperation of financial structures and a well-balanced monetary policy.
Russia’s PM Vladimir Putin has ordered the creation of additional capacities to boost coal exports, including the expansion to Asia and the Pacific.
Russia's state-run oil giant Rosneft has started buying back its shares from the market and plans to initially spend $100-200 million for that purpose, the firm said on Tuesday.