Europe has begun refilling depleted gas stores to shore up supply for the winter and guard against possible disruptions inflows from Russia, but a sky-high market means the move could Continue Reading
The European Union still aims to agree a phased embargo on Russia oil this month despite concerns about supply in eastern Europe, four diplomats and officials said on Friday, rejecting Continue Reading
A report in a Finnish newspaper that Russia may cut gas supplies to Finland as soon as Friday seems to be fake, Kremlin spokesman Dmitry Peskov said. “Most likely, this Continue Reading
Shipping traffic in and out of Russia has remained relatively strong in the past few months as companies have raced to fulfill contracts for purchases of energy and other goods Continue Reading
Very tight Naphta market could increase pain at the pump in Europe. Exports of naphtha from Russia to Europe have shrunk considerably since the start of the year. Rising demand Continue Reading
Following Thursday’s report that Russia threatened to cut the flow of gas to Finland, Russia—through its entity RAO, will suspend imports of electricity to Finland as of 1:00 a.m. on Continue Reading
Russian diesel fuel exports last month fell by 14 percent, or 500,000 tons, last month as buyers shunned the product amid Western sanctions on Moscow for its invasion of Ukraine. Continue Reading
Putin says Russia’s wheat crop could exceed 2020’s record Russian yield boosted by lower winterkill USDA sees Ukraine’s wheat output down 35% Russia could be on course for a record Continue Reading
The decades-long era of cheap food in Britain may be coming to an abrupt end. With the U.K. wilting under the fastest inflation in three decades, supermarkets are raising prices Continue Reading
Oil prices rose on Friday but were headed for their first weekly loss in three weeks as worries about inflation and China’s COVID lockdowns slowing global growth offset concerns about Continue Reading
