Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2018-05-23 10:25:00

RUSSIA'S ECONOMY RECOVERY

RUSSIA'S ECONOMY RECOVERY

REUTERS -  Retail sales in Russia picked up in April, while real wages growth exceeded expectations as the unemployment rate fell, suggesting an economic recovery was under way, according to data released on Tuesday.

The monthly set of data released by the Federal Statistics Service, or Rosstat, indicated that sanctions that the United States imposed on Moscow in early April had little immediate impact on Russia's fundamentals.

After two years of recession caused by a slump in oil prices and Western sanctions, the Russian economy is now recovering along with oil, the rouble has generally stabilized and global commodity prices remain favorable for an economy dependent on exports of energy and raw materials.

Retail sales, the key gauge for consumer demand, the primary driver of economic growth, were up 2.4 percent year-on-year in April after a 2.0 percent rise in the year to March.

Capital investment, the next most important driver, was up 3.6 percent year-on-year in the first quarter after increasing 1.4 percent in the same period a year earlier.

"The latest Russian activity figures suggest that GDP growth picked up to about 1.5 percent year-on-year at the start of the second quarter," the research firm Capital Economics said in a note.

"These data also provide early evidence that the tightening of U.S. sanctions and the fall in the ruble in early April have had little impact on the real economy so far."

Kirill Tremasov, a former head of macroeconomic forecasting department at the Economy Ministry, said on his Telegram channel that Tuesday's set of data suggested annual GDP growth stood at 1.5 percent in April.

This year, the economy is projected to expand by 1.5-2.0 percent, according to the central bank's forecasts, after growing by 1.5 percent in 2017.

Real wages, which are adjusted for inflation, rose 7.8 percent year-on-year in April, beating analysts' call for a 5.9 percent increase.

At the same time, the unemployment rate inched lower to 4.9 percent in April, its lowest since August 2017, from 5.0 percent in March.

-----

Earlier:

 Russia
2018, May, 18, 08:55:00

U.S. - RUSSIA PIPELINE SANCTIONS

REUTERS - Washington was focused on using diplomatic means to halt Nord Stream 2, one of several Russian projects to export gas to western Europe via routes avoiding Ukraine, with which Moscow is involved in a series of disputes.

 Russia
2018, May, 18, 08:50:00

NORD STREAM TO GERMANY

REUTERS - A consortium of western companies and Russia’s Gazprom that is due to build the controversial subsea Nord Stream 2 gas pipeline to Germany said on Tuesday it was starting preparatory work in the Greifswald bay off Germany’s Baltic coast.

 Russia
2018, May, 18, 08:45:00

GAZPROM - AUSTRIA: +70.4%

GAZPROM - The parties reviewed the issues of cooperation in the energy industry, focusing on, inter alia, substantial growth in Russian gas exports to Austria. According to preliminary data, from January 1 through May 14, 2018, Gazprom delivered to Austria 4.7 billion cubic meters of gas, an increase of 70.4 per cent from the same period of last year.

 Russia
2018, May, 18, 08:35:00

ROSATOM IS GLOBAL

WNN - Rosatom, the Russian state nuclear corporation, signed a series of agreements with overseas companies during the Atomexpo conference and exhibition being held this week in Sochi, Russia. The agreements, with Chile, China, Cuba, Finland, Hungary, Iran, Italy, Kazakhstan, Saudi Arabia, Serbia, Spain and Zambia, include the engineering and medical sectors, among others.

 Russia
2018, May, 16, 12:30:00

OIL MARKET BALANCE

PLATTS - "It is too early to say [what the impact of the US decision on the oil market will be]. In any case, we have all the tools that could be used to balance the market," Novak said, commenting on the potential impact of the move on the oil markets.

 Russia
2018, May, 16, 12:25:00

СОТРУДНИЧЕСТВО РОССИИ И ГЕРМАНИИ

МИНЭНЕРГО РОССИИ - Стороны обсудили состояние и перспективы взаимодействия в энергетической сфере как по линии поставок энергоресурсов и реализации инфраструктурных объектов, так и сотрудничества на уровне коммерческих предприятий. «Целый ряд германских энергетических концернов активно и успешно ведет свою деятельность с российскими партнерами», - сказал Александр Новак.

 Russia
2018, May, 16, 12:20:00

ЦЕНА URALS: $ 71,87525

МИНФИН РОССИИ - Средняя цена на нефть Urals за период мониторинга с 15 апреля по 14 мая 2018 года составила $ 71,87525 за баррель, или $ 524,7 за тонну. Согласно расчетам Минфина России экспортная пошлина на нефть в РФ с 1 июня 2018 года повысится на $ 13,3 и составит $ 131,8 за тонну.

 

 

Tags: RUSSIA, ECONOMY, SANCTIONS

Chronicle:

RUSSIA'S ECONOMY RECOVERY
2018, June, 20, 12:45:00

NORWAY'S OIL PRODUCTION 1.629 MBD DOWN 236 TBD

NPD - Preliminary production figures for May 2018 show an average daily production of 1 629 000 barrels of oil, NGL and condensate, which is a decrease of 236 000 barrels per day compared to April.

RUSSIA'S ECONOMY RECOVERY
2018, June, 20, 12:40:00

LIBYA'S OIL PRODUCTION DOWN 400 TBD

PLATTS - Libyan crude production has fallen around 400,000 b/d -- or nearly halved -- due to militia attacks on the eastern oil terminals of Ras Lanuf and Es Sider, the head of the country?s National Oil Corp. said Tuesday.

RUSSIA'S ECONOMY RECOVERY
2018, June, 20, 12:35:00

VENEZUELA'S OIL PRODUCTION DOWN

PLATTS - Venezuela's crude output averaged 1.36 million b/d in May, down from 1.41 million b/d in April, and 1.9 million b/d in May 2017, according to S&P Global Platts. The International Energy Agency said it could fall to 800,000 b/d or even lower next year.

RUSSIA'S ECONOMY RECOVERY
2018, June, 20, 12:30:00

NIGERIAN OIL SALES

PLATTS - Nigerian oil has been slow to sell this month as bidders for the country's July-loading heavy and light sweet crudes have been absent from the market. Market participants pegged the amount of unsold Nigerian barrels loading in July at 20 million-34 million barrels, amounting to roughly 40%-75% of what is produced in a month.

All Publications »