Maksim Oreshkin

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Russia to face decade of oil price at $50

Russia’s Economic Development minister Maksim Oreshkin said that the ministry expects the oil price to slip to $50 per barrel by 2025-2030 and stay at that level long-term. According to him, this trend is …

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Baku hosting 9th Russia-Azerbaijan Interregional Forum

The 9th Russia-Azerbaijan Interregional Forum has opened in Baku today. The event is aimed at developing trade, economic and humanitarian ties between the regions of the two countries, being a platform for joint work of Russia and …

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Russia to probably lower forecast for 2018 growth

Russia’s ministry of economic development will probably lower its forecast for 2018 growth to 1.8% from the previously expected 1.9%, the minister Maxim Oreshkin said. He noted that the ruble currency would be …

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Russia slaps retaliatory duties on US imports

Russia imposed extra duties from 25 to 40% on import of certain US goods in response to steel and aluminum duties earlier set by the US, the Ministry of Economic Development said. "Compensating measures apply as additional, higher …

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