Oil Prices in World Likely to Remain High in Near Future – Russian Central Bank

NAMPA / Sputnik

2026-07-01

MOSCOW, July 1 (RIA Novosti) - Global oil prices are likely to remain high in the near future, the Central Bank of Russia said on Wednesday. "Most participants agreed that oil prices are likely to remain elevated in the near future and will decrease gradually," the Central Bank said in a summary of the discussion of the key rate. A reduction in reserves during the conflict period may delay the transition of the oil market to a surplus, the summar......

Restricted content

Latest NAMPA photos

OPUWO, 30 June 2026- Kunene Governor Vipuakuje Muharukua during the State of the Region Address (SORA) in Opuwo on Monday. (Photo: Kaviveterue Virere) NAMPA

NAMPA

WINDHOEK, 26 June 2026 - Namibia Dairies team collecting their award. (Photo:Contributed)

NAMPA

RUNDU, 30 June 2026 - Public Enterprise Forum Spokesperson Patty Karauihe- Martin speaking during a media briefing on the preparations of the State Owned Enterprises Games at Rundu on Monday. (Photo by: Sawi Hausiku) NAMPA

NAMPA

WINDHOEK, 30 June 2026 - Telecom Namibia has appointed Armando Perny as Acting Chief Executive Officer for one month from 1 July 2026, following the resignation of former CEO Stanley Shanapinda. (Photo contributed) NAMPA

NAMPA

OTJIWARONGO, 29 June 2026 - Otjozondjupa Chief Regional Officer, Gerson Karaerua speaking at the 2026 State of the Region Address (SORA) at Otjiwarongo on Monday. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA

OTJIWARONGO, 29 June 2026 - The Otjozondjupa Chief Regional Officer, Gerson Karaerua speaks at the 2026 State of the Region Address (SORA) at Otjiwarongo's Otjozondjupa Regional Council chambers during a special council meeting on Monday morning. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA

OTJIWARONGO, 29 June 2026 - The Otjozondjupa Governor, John ||Khamuseb delivers his 2026 second State of the Region Address (SORA) at Otjiwarongo's Otjozondjupa Regional Council chambers during a special council meeting on Monday morning. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA