Russia is offering deep discounts for its crude following a wave of sanctions on its energy industry. While China and India are still buying some discounted oil, logistical hurdles are Continue Reading
Small-scale private refining capacity’s share fell to 21% in 2021 Call for more oil product export quota to offset stock pressure NEV sales up despite fall in total car sales Continue Reading
Britain will have enough gas supply to meet demand from April to September, National Grid said in its annual summer outlook on Thursday. Total UK gas demand is forecast at Continue Reading
No other EU leader has meet Putin since Ukraine invasion Nehammer’s accounts had focused on war’s human tragedy Russia appears to have kept door open to payment in euros Austria Continue Reading
The flagship of Russia’s Black Sea fleet was seriously damaged and its crew evacuated on Thursday, following an explosion on board that Ukraine said was caused by a missile strike. Continue Reading
U.S. President Joe Biden announced an additional $800 million in military assistance to Ukraine on Wednesday, expanding the scope of the systems provided to include heavy artillery ahead of a Continue Reading
Share The consequences of harsh economic sanctions against Russia are already being felt across the globe. The cost to shareholders of Western companies’ exodus from Russia will become clearer in coming weeks, Continue Reading
Reports of Russian cyberattacks on Ukrainian infrastructure are mounting. German infrastructure has been targeted, as well, with an attack that paralyzed 11GW of power in late February. “Conflict in Ukraine Continue Reading
Oil prices edged higher on Wednesday after Moscow said that peace talks with Ukraine had hit a dead end, fuelling supply worries, while weak economic data from China and Japan Continue Reading
The American Petroleum Institute (API) reported a surprise build this week for crude oil of 7.757 million barrels, compared to analyst predictions of a 1.367 million barrel build. U.S. crude Continue Reading
