The top diplomats of Russia and the United States were to meet in Switzerland on Friday to discuss soaring tensions over Ukraine after a flurry of meetings between officials on Continue Reading
A small preliminary laboratory study has shown that levels of Omicron-neutralising antibodies of people vaccinated with Russia’s Sputnik V vaccine did not decline as much as of those who had Continue Reading
BP and Rosneft were the only companies to have delivered over 1 billion barrels of oil equivalent in discoveries last year due to their exposure in Russia which yielded 48 Continue Reading
Highlights GBP1.7 billion in private funding from Tritax and abrdn Undisclosed govt funding said to be around GBP100 mil: source UK-based battery maker Britishvolt has received funding from the UK Continue Reading
Platts Dated Brent was assessed above $90/b for the first time since 2014, as the global crude market continued to demonstrate tightness for prompt-loading cargoes. Receive daily email alerts, subscriber Continue Reading
“The inflation has everything to do with the supply chain,” Biden said as he talked about how the administration is dealing with rising inflation. Oil slipped from the highest close Continue Reading
Oil slipped on Thursday as investors took profits following a month-long rally in prices, but strong demand and short-term supply disruptions continue to support prices close to their highest levels Continue Reading
Goldman Sachs has raised its oil price forecasts ‘significantly’. Goldman Sachs has raised its oil price forecasts “significantly” through 2023, its latest commodities research note has revealed. The company now Continue Reading
Already less transitory than forecast, central bankers’ inflation headache may be about to become more acute as they face the prospect of $100-plus oil that lifts consumers’ price expectations and Continue Reading
The IEA raised its demand growth estimates by 200,000 bpd for both 2021 and 2022 The market is tighter than expected, the agency said, but still warned that there would Continue Reading
