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6/17, 6:56 PM (Source: TeleTrader)
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Russia: Oil exports to increase in 2022

Russian Deputy Energy Minister Pavel Sorokin said that Russia expects its oil exports to increase in 2022, regardless of the ongoing sanctions the West imposed against Moscow, TASS news reported on Friday.

Russian Federal State Statistics Service Rossstat announced earlier today that Russia's GDP in the first quarter rose by 3.5% compared to the same period last year.

European Union decided in May to reduce its dependency on Russian energy by banning 90% of Russian oil imports.

Baha Breaking News (BBN) / TB