Picture taken on Feb. 20, 2015 shows the oil tanker Valetta as it approaches Cape Kamenny in the Gulf of Ob shore line in the south-east of a peninsular in the Yamalo-Nenets Autonomous District, 250 km north of the town of Nadym, northern Russia.
Photo by AFP
The shifting balance of power in the oil world is showing up in a new indicator: central bank reserves.