Mountainous and remote, the Greek-Bulgaria border once formed the southern corner of the Iron Curtain. Today, it’s where the European Union is redrawing the region’s energy map to ease its Continue Reading
Russia built a self-proclaimed fortress around its economy in the run-up to war—but there was a crack. Moscow depended on foreign middlemen to ferry its most strategic and lucrative export Continue Reading
The eurozone’s economy continued to grow at a modest pace in the first three months of the year, but faces the threat of a slide into recession as Russia’s war Continue Reading
The Kremlin has sought to minimize discussion of Russian war losses inside Ukraine. But apparent Ukrainian attacks on Russian soil in the past week highlight how the conflict has spilled Continue Reading
The European Union is debating energy embargos on Russia, with natural gas as one of the key talking points. Russia is ramping up threats to cut Europe’s gas if it Continue Reading
ExxonMobil continuing efforts to exit project Russian crude trading at significant discounts ExxonMobil’s Russian subsidiary Exxon Neftegas has declared force majeure for its Sakhalin 1 project, a spokesperson told S&P Continue Reading
Crude oil futures fell in mid-morning Asian trade on April 28 as news of China’s mass testing for COVID-19 weighed on sentiment, overshadowing supply-side concerns of a modest US inventory Continue Reading
Natural-gas prices swung higher on both sides of the Atlantic on Wednesday after Russia stopped exports to Poland and Bulgaria , a move that investors feared could portend deeper global Continue Reading
Oil traded near $103 a barrel as China’s spreading virus outbreak continued to weigh on the outlook for global demand. West Texas Intermediate futures have struggled for direction this week, Continue Reading
Oil prices dropped on Thursday on caution about dwindling fuel demand in China, the world’s biggest oil importer, due to the economic impact of COVID-19 restrictions. Brent crude futures had Continue Reading
