Torrey Clark Archive

Putin consolidating control

[Skip to the end] As suspected: Putin may Use Credit Squeeze to ‘Destroy’ Oligarchs (Update1) By Torrey Clark and Henry Meyer Oct. 17 (Bloomberg) — Vladimir Putin came to power in 2000 vowing to destroy Russia’s oligarchs “as a class.” Within two years, he’d driven two into exile and imprisoned another. Now, ...Read More

Lukoil cuts German oil exports by pipeline on pricing

Russia exercising it’s pricing power as a swing producer as well. Lukoil Cuts German Oil Exports by Pipeline on Pricing (Update1) by Torrey Clark and Thom Rose (Bloomberg) OAO Lukoil, Russia’s largest independent oil producer, may cut March shipments of crude oil to Germany by pipeline, continuing the halt ordered yesterday because ...Read More