Iraq stopped oil production from two southern fields with a combined capacity of almost half a million barrels a day. The shutdowns curtail the ability of OPEC’s second-largest member to Continue Reading
Rising crude oil prices and supply disruptions following Russia’s invasion of Ukraine could further sap an Indian economy already slowed by COVID-19, posing risks to household spending and private investments, Continue Reading
Farmhands harvest a wheat field in the Panipat district of Haryana, India. India is set to benefit from the shifts in global wheat trade as Russia’s invasion of Ukraine leaves Continue Reading
China recorded its biggest increase in total energy consumption and coal use in a decade in 2021, as the economy recovered from COVID-19 slowdown a year earlier, data from the Continue Reading
Banks cautious on payment channels for Russian commodities Traders, charterers avoid Russian tankers, oil cargoes from Far East Lack of foreign reserve access larger impediment to Russian commodity exports Many Continue Reading
Goldman Sachs Group Inc. has lifted its U.S. inflation forecast and now sees the Federal Reserve lifting rates more than expected in 2023. The U.S. bank now forecasts the Fed’s Continue Reading
The U.S. wants to pry China away from its tight partnership with Russia. One step, U.S. officials said, is making Beijing feel pain over Russia’s invasion of Ukraine. Washington is looking to Continue Reading
Inflation is now sitting at a four-decade high of 7.5%, but some fear it could get even worse. Russia’s push into Ukraine has forced Western allies to slap major economic Continue Reading
The United States sees nuclear energy as a key component in its net-zero ambitions. Despite an uncertain revenue outlook, the Department of Energy has announced it will be investing billions Continue Reading
Ukraine’s foreign minister urges full oil, gas embargo Calls of ‘if not now, when?’ growing louder: RBC’s Croft EIA to report latest US imports of Russian oil Feb. 28 Pressure Continue Reading
