The cost of Brent crude oil futures contracts deliverable in June 2018 rose by 1%, to $74.23 per barrel in the course of trading on the ICE Exchange in London, according to its data.
The last time this blend’s price hit $74 per barrel was on November 27, 2014.
Despite the hike in oil prices, the ruble rate remains low against key global currencies.
As of 11:10 Moscow time, the dollar-to-ruble rate on the Moscow Stock Exchange was 60.99 rubles, which is 0.23% up from the closure of the previous day’s trading session. The euro rate was 75.52 rubles, which is 0.32% higher than the previous closure.Souce: www.tass.com
The ministries of agriculture of Iran, Russia and Kazakhstan have concluded a trilateral memorandum of understanding on the issue of wheat trade.
Trade turnover between Russia and Germany increased 8.4% and reached nearly ˆ62 billion ($70 billion) in 2018 compared to previous year.
In 2018 Russia’s meat export amounted to 288.5 thous. t, it is a 21% increase compared to 2017.
About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya