FOTOGRIN/Shutterstock Save for later Print Download Share LinkedIn Twitter The St. Petersburg International Mercantile Exchange (Spimex) is pushing ahead with initiatives to establish Russia's own price assessment for crude oil and says constructive talks are under way with state officials. The efforts were intensified last year after foreign pricing agencies like Platts left the country. They were given a fresh push after price assessments still being made by Argus became irrelevant as Europe’s trade in Urals has dwindled to almost nothing.
