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In Q3 2021, industrial output growth was mainly driven by extractive industries owing to a pickup in demand for power-generating coal and natural gas and ebbing restrictions related to the OPEC+ agreement. The following factors kept affecting dynamics of different sectors of the Russian...
Persistent link: https://www.econbiz.de/10013306501
Analysis of trend components of production indices for May through July 2021 suggests that growth factors in trends for the extractive industries since the beginning of 2021 continue to have effect for two reasons: a pickup in demand for power-generating coal on the part of European and Asian...
Persistent link: https://www.econbiz.de/10013314544
Russian Abstract: В 2021 г. наблюдался рост в добывающем секторе промышленности за счет увеличения спроса на энергетический уголь и природный газ со стороны европейских и...
Persistent link: https://www.econbiz.de/10013293469
Year 2021 saw extractive industries’ growth on the back of a pickup in demand for power-generating coal and natural gas on the part of European and Asian countries, as well as ebbing restrictions related to the OPRC+ agreement (owing to higher quotas on daily oil production volumes in member...
Persistent link: https://www.econbiz.de/10013296810
Russian Abstract: Пересмотр базового уровня сокращения добычи нефти для ОАЭ позволил достичь компромисса в переговорах по продлению сделки ОПЕК+. Взамен ОАЭ поддержали...
Persistent link: https://www.econbiz.de/10013321699
Analysis of trend components of production indices for May through July 2021 suggests that growth factors in trends for the extractive industries since the beginning of 2021continue to have effect for two reasons: a pickup in demand for power-generating coal on the part of European and Asian...
Persistent link: https://www.econbiz.de/10013322190
One of the main factors behind the reduction in oil supply and, consequently, theincrease in oil prices in Q1 2021 was the voluntary decision of Saudi Arabia underthe OPEC+ agreement to further reduce its production by 1 mbpd. This fact resultedin a record overall conformity with the original...
Persistent link: https://www.econbiz.de/10013225669
By-sector analysis of industrial production indices shows that there are still no conditions for transition to sustainable growth in the majority of sectors. The trend component of the industrial production index points to a growth in manufacturing industry in the amount of 0.4% in March 2018...
Persistent link: https://www.econbiz.de/10012919586
The refusal to sharply increase oil output by the OPEC+ deal participants and the news of the launch of vaccinations against the coronavirus were positively received by the world oil market: on December 10, for the first time since March 2020, Brent crude futures rose above $50 per barrel. The...
Persistent link: https://www.econbiz.de/10014089817
In Q3 2020, the extractive sector observed around zero growth, part of manufacturing sector exhibited a slight increase. Analysis of trend components of production indexes across industry does not give grounds for speaking about a notable industrial recovery following the coronavirus-induced...
Persistent link: https://www.econbiz.de/10014090841