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Month: February 2022

Category:
  • Prices
  • Russia

Oil soars as sanctions and pressures on Russia mount

Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and blocked some Russian banks from a global payments system, which could cause severe disruption to its Continue Reading

Posted On : 28 Feb 2022 Published By : Tom Whipple
Category:
  • Oil Supply
  • Prices

Oil Soars as More Sanctions on Russia Spur Energy Crisis Fears

Goldman Sachs: Enormous Amount of Oil Could Be Disrupted Oil surged as energy and commodity markets were thrown into disarray after Western nations unleashed more sanctions to isolate Russia following Continue Reading

Posted On : 28 Feb 2022 Published By : Tom Whipple
Category:
  • Russia

Russia’s Ruble, Financial Markets Are Hammered by Sanctions

Powerful Western sanctions rocked Russia’s financial system and triggered a spiral in the ruble, drawing the central bank into an emergency doubling of interest rates. The Russian ruble fell as Continue Reading

Posted On : 28 Feb 2022 Published By : Tom Whipple
Category:
  • Russia

Behind the Sweeping Russia Sanctions: Zelensky’s Plea and a Mounting Crisis

Following months of groundwork, frenzied late-night phone calls and a potent pressure campaign from Ukrainian leaders, the U.S. and Europe banded together to impose what is shaping up to be Continue Reading

Posted On : 28 Feb 2022 Published By : Tom Whipple
Category:
  • Climate

Climate Change Is Harming the Planet Faster Than We Can Adapt, U.N. Warns

The dangers of climate change are mounting so rapidly that they could soon overwhelm the ability of both nature and humanity to adapt unless greenhouse gas emissions are quickly reduced, Continue Reading

Posted On : 28 Feb 2022 Published By : Tom Whipple
Category:
  • Climate
  • USA

Supreme Court Will Hear Biggest Climate Change Case in a Decade

 In the most important environmental case in more than a decade, the Supreme Court on Monday will hear arguments in a dispute that could restrict or even eliminate the Environmental Continue Reading

Posted On : 28 Feb 2022 Published By : Tom Whipple
Category:
  • OPEC

Putin’s War In Ukraine Could Break The OPEC+ Alliance

The Ukraine crisis could have an unexpected impact on the OPEC+ integrity. The Arab world has thus far not taken a position in the Ukraine crisis. Putin’s strategic moves during Continue Reading

Posted On : 28 Feb 2022 Published By : Tom Whipple
Category:
  • Egypt

Suez Canal Authority to raise transit fees by 5%-10% for tankers from March 1

Highlights Move due to rise in global trade, healthier ship economics SCA working on canal expansion after the Ever Given incident in 2021 Suez Canal is a strategic route for Continue Reading

Posted On : 28 Feb 2022 Published By : Tom Whipple
Category:
  • OPEC
  • Saudi Arabia

Saudi crown prince says kingdom still committed to OPEC+ oil agreement with Russia

Highlights MBS discusses Ukraine crisis’ energy impact in call with France’s Macron Saudi Arabia keen to maintain stable, balanced oil market, MBS says OPEC ministers have said no need to Continue Reading

Posted On : 28 Feb 2022 Published By : Tom Whipple
Category:
  • Middle East

Could Russia’s Invasion Of Ukraine Spark Another Arab Spring?

 Russia’s invasion of Ukraine has caused plenty of analysts to worry about the future of global financial and energy markets, but there is a major consequence being overlooked. Russia and Continue Reading

Posted On : 28 Feb 2022 Published By : Tom Whipple

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