Staunton, September 11 – Moscow’s earnings from the export of oil and gas, a figure that reflects both world prices and domestic production, are likely to continue to decline until new fields in the Far East come online two to four years from now, given that world prices are soft and Russia’s production is falling. […]
Decline in Russian Oil Production Will Last Until At Least 2016-2018, Russian Analysts Say
September 11, 2014