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Russia’s response to the oil price cap

Russia’s initial response to the EU embargo and the EU-G7 oil price cap suggests that it seeks to avoid further damage to its oil output and exports in the current circumstances. Global oil prices have barely responded to early signs of a collapse in Russian crude exports. Perhaps the worrying supply signals have been offset by weakening global demand.

Tatiana Orlova
Tatiana Orlova

Lead Economist, Emerging Markets

+44 (0) 20 3910 8048

Tatiana Orlova

Tatiana Orlova

Lead Economist, Emerging Markets

London, United Kingdom

Tatiana joined OE in May 2021. From 2017 to 2021, she ran her own macroeconomic research boutique, Emerginomics, as the Founder and Chief Economist, specializing in coverage of selected ex-USSR economies.

From 2012 to 2016, she worked as Director in CEEMEA Research at the Royal Bank of Scotland. Previously, she was employed as an emerging market economist in three other major investment banks (Credit Suisse, ING, and Nomura).

Tatiana holds an MSc in Economics from the LSE (2001) and Diploma in Economics with Distinction from the LSE (2000). From 1988 to 1994, she studied Applied Mathematics at the Moscow University of Electronics and Mathematics.

Gabriel Sterne

Head of Global Emerging Markets

Private: Gabriel Sterne

Head of Global Emerging Markets

London, United Kingdom

Gabriel delivers macro-economic products tailored for corporates and financial markets, as head of a team that integrates EM macro and strategy views.  In recent years he has published wide-ranging research including on stagflation risks, monetary policy credibility, global savings, demographics, Covid scarring, risks and resilience in emerging markets, and sovereign crisis resolution. He joined from investment banking boutique Exotix in May 2014, following 20 years of public sector experience, including at the Bank of England and International Monetary Fund.

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