Russia's top commodities market plans to launch oil contracts in late 2016
Russia’s top commodities
market said its plan to launch a Russian oil contract later
this year has been personally backed by President Vladimir
The St. Petersburg International
Mercantile Exchange (Spimex) told FOW its
plan to launch a futures contract based on
Russia’s Urals crude oil standard in the second
half of this year is backed by the Russian state.
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