Main

The site is operated with the financial support of the Ministry of Digital Development, Communications and Mass Media of the Russian Federation.

The information resource uses recommendation technologies. More detailed

Registered by the Federal Service for Supervision of Communications, Information Technology and Mass Communications. Certificates of registration Certificate of registration: EL № FS 77 - 76208 dated July 8, 2019, Certificate of registration: EL № FS 77 - 72003 dated December 26, 2017.

Фийон отрицает организацию встречи ливанского бизнесмена с Путиным

20 Марта
All results

Live broadcast

Economy

Artemyev said about the opaque calculation of oil quotes by price agencies

Wed, 12/31/2025 - 07:11

Озвучить текст

Select important

Off

Due to the underestimation of the cost of Russian oil and petroleum products, which occurred due to the opaque calculation of quotes from international pricing agencies, Russia lost a large amount of money. This was announced on Wednesday, December 30, by Igor Artemyev, head of the St. Petersburg Stock Exchange.

According to him, oil quotes from the Russian Federation are calculated by international pricing agencies, which in turn are based on surveys of traders trading the relevant product. According to Artemyev, this is not a transparent method, even though all quotation calculation methods are public.

"I am convinced that back in Soviet times and now Russia has lost not billions, but trillions of dollars by underestimating the value of Russian oil and petroleum products," he said in an interview with Rossiya 24 TV channel.

The news is being updated

Переведено сервисом «Яндекс Переводчик»

To share:

Live broadcast

Subscribe and get the news first

Copyright for the iz.ru portal content visualisation system, as well as for the source data, including texts, photos, audio and video materials, graphic images, other works and trademarks, belongs to "MIC Izvestia" LLC

Partial quotation is possible only with a hyperlink to en.iz.ru

The site is operated with the financial support of the Ministry of Digital Development, Communications and Mass Media of the Russian Federation.

The advertiser is responsible for the content of any advertising materials posted on the portal.

The information resource uses recommendation technologies. More detailed

The news, analytics, forecasts and other materials presented on this website do not constitute an offer or recommendation to buy or sell any assets.

Registered by the Federal Service for Supervision of Communications, Information Technology and Mass Communications. Certificates of registration Certificate of registration: EL № FS 77 - 76208 dated July 8, 2019. , Certificate of registration: EL № FS 77 - 72003 dated December 26, 2017.