military presence
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Russia Intensifies Military Presence in Arctic Oil&Gas Territories
Tuesday, 29th December 2015
Russia is building six new military bases in the disputed Arctic territory with an intention to protect its position in the global competition for the unexplored extensive oil and gas reserves, estimated at 90b barrels of oil and 30% of the world's undiscovered natural gas.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 59.24 | -2.12% |
Crude Oil (Brent) Brent | USD/bbl | 62.91 | -1.60% |
NYMEX Natural Gas | USD/MMBtu | 3.07 | -0.42% |
OPEC Basket Price | USD/bbl | 63.43 | +1.52% |
Last Modified February 21, 2021