Russian envoy says relations with NATO started deteriorating long before Ukrainian crisisWorld December 08, 4:55
Contact Group agrees to settle water cuts issue in Lugansk within 7 days ― OSCE envoyWorld December 08, 2:58
Glencore expects deal on purchasing stake in Rosneft to close in mid-DecemberBusiness & Economy December 08, 2:03
Italian Prime Minister Renzi officially resignsWorld December 08, 1:27
43 ceasefire violations reported in Syria in 24 hours ― Russian Defense MinistryWorld December 08, 1:16
One reconciliation agreement signed in Syria in 24 hours ― Russian Defense MinistryWorld December 08, 0:26
Lavrov confirms to Kerry Russia backs US proposal on Aleppo from December 2Russian Politics & Diplomacy December 07, 23:57
Russia has never imposed its decisions on Syria, Assad saysWorld December 07, 23:45
Rosneft privatization deal is completed — KremlinBusiness & Economy December 07, 21:06
MOSCOW, December 9. /TASS/. The Russian oil benchmark will go live already in 2016 and all conditions to do so are created, Deputy Head of the Federal Antimonopoly Service Anatoly Golomolzin said on Wednesday.
"Relevant organizational measures were implemented and rules were approved. Trial trading is underway. All the conditions are provided to launch the relevant benchmark in 2016," the official said.
Measures to launch the Russian benchmark in trading of oil export contracts were prepared in cooperation with the St. Petersburg International Mercantile Exchange. "Relevant concept and plan were prepared and trade rules were approved. We believe we will be able to launch sustainable trading and receive exchange quotations in 2016," Golomolzin added.