Although pervasive, subsidies have long been accepted by economists as a generally inefficient, costly means of resource allocation that leads to wasteful consumption and distortion of international trade and local markets. Oil-exporting economies have adopted energy pricing reform since the collapse of the oil price in mid-2014, despite lingering fears that such efforts would hurt […]
OIES study on Russia’s refining system reviewed: Plans for further additions of more complex refining units have be… https://t.co/GTmB7XB5g0
April 16th
New OIES paper on Russian refining sector and fuel oil exports: From 2015, as a result of new export tax policies,… https://t.co/2OFbXIbbUX
April 15th
Russia’s heavy fuel oil exports: challenges and changing rules at home and abroad https://t.co/cDMQaw7xP9
April 15th
