Louisiana Light • 2 days | 93.26 | -0.31 | -0.33% | |||
Bonny Light • 1 day | 96.05 | -1.12 | -1.15% | |||
Opec Basket • 2 days | 97.00 | +0.07 | +0.07% | |||
Mars US • 15 hours | 90.45 | -0.90 | -0.99% | |||
Gasoline • 10 mins | 2.613 | -0.006 | -0.22% |
Bonny Light • 1 day | 96.05 | -1.12 | -1.15% | |||
Girassol • 1 day | 97.38 | -0.81 | -0.82% | |||
Opec Basket • 2 days | 97.00 | +0.07 | +0.07% |
Peace Sour • 6 hours | 84.16 | -0.82 | -0.96% | |||
Light Sour Blend • 6 hours | 84.66 | -0.82 | -0.96% | |||
Syncrude Sweet Premium • 6 hours | 93.26 | -0.82 | -0.87% | |||
Central Alberta • 6 hours | 84.16 | -0.82 | -0.96% |
Eagle Ford • 2 days | 87.68 | -0.28 | -0.32% | |||
Oklahoma Sweet • 2 days | 87.75 | -0.25 | -0.28% | |||
Kansas Common • 2 days | 81.50 | -0.25 | -0.31% | |||
Buena Vista • 2 days | 96.15 | -0.03 | -0.03% |
The Energy Security and Climate…
Predicting the future of oil…
A top Russian government official is visiting Zimbabwe, the first high profile visit in nearly a decade.
Mikhail Margelov, Russian President Dmitrii Medvedevâs special envoy, met Zimbabwean President Robert Mugabe at State House and subsequently told journalists, "Russia is back to Africa. We were out for a decade. We want to develop co-operation with our traditional friends."
Prior to Margelovâs visit Russiaâs ambassador to Zimbabwe, Andrei Kushakov, said there was great interest from Russian state companies to increase their presence in Zimbabwe, citing in particular the countryâs energy sector and infrastructure development, the Herald reported.
Margelov singled out Moscowâs interest in Zimbabweâs uranium and coal deposits, adding Russia could also be interested in other minerals and possibly assisting the countryâs struggling agricultural sector.
In a not so subtle swipe at the U.S. and NATO campaign in Libya Margelov said that Africa should be left to solve its problems without outside interference, telling reporters, "Only Africans have the right to solve their problems."
Russia has a large reserve of goodwill in Zimbabwe, as during the 1970s the USSR provided moral and material support that ultimately helped Zimbabwean guerrillas topple the regime of Ian Smith.
More recently the Russia Federation also blocked attempts by the U.S., Britain and their allies to use the United Nations to intensify the sanctions imposed on Zimbabwe, with Moscow condemning the sanctions as illegal and calling for their unconditional removal.
By. Charles Kennedy, Deputy Editor OilPrice.com
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