New buyers and traders, as well as overriding demand for crude, help Moscow shrug off sanctions Mounting oil demand from some of the world’s biggest economies has helped Russia to export almost as much crude as it did before the conflict in Ukraine and subsequent Western sanctions, the Wall Street Journal reported on Monday. On top of this, rising global crude prices, which have currently settled at around $100 a barrel, have sent Russia’s oil revenues skyrocketing. “Russia is swimming in cash,” Elina Ribakova, the deputy chief economist at the Institute of International Finance, told the journal, adding that the
Hence then, the article about russia rakes in more oil revenue than ever wsj was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Russia rakes in more oil revenue than ever – WSJ )