Russian gas flows to Europe via the Nord Stream 1 pipeline and through Ukraine were stable on Friday, while reverse flows on the Yamal pipeline edged down slightly, operator data Continue Reading
Russian Foreign Minister Sergei Lavrov on Friday said attempts to isolate Moscow with sanctions was akin to a declaration of economic war by the West, dismissing what he said was Continue Reading
The war in Ukraine is depriving far-away developing countries of electricity, as the world’s supply of liquefied natural gas used to produce power is swallowed up by European nations as Continue Reading
Germany is rationing hot water, dimming its street lights and shutting down swimming pools as the impact of its energy crunch begins to spread from industry to offices, leisure centres Continue Reading
Oil prices were steady on Thursday after steep losses in the previous two sessions, as investors returned their focus to tight supply even as fears of a global recession persisted. Continue Reading
With crude prices under pressure from growing fears of a global recession while supply-side threats hang over the market, the near-term price forecasts for the key commodity have become increasingly Continue Reading
$85 Crude Is Citi’s Base Case as Demand Falls: Morse For much of 2022, oil steadily rallied as investors piled into bets that the world’s most liquid commodity would surge Continue Reading
A customer fuels a vehicle at a gas station in Hercules, California, on June 22. Photographer: David Paul Morris/Bloomberg Gas station owners in the US are finally making higher profits Continue Reading
The Karkh Commercial Court in Baghdad has postponed a ruling on the validity of UK-listed Gulf Keystone’s contract with the Kurdistan Regional Government (KRG). “Today’s session is postponed until July Continue Reading
Treasury targets UAE, Hong Kong entities tied to Iran sales Apparent attempt to raise pressure after latest nuclear talks Chances of JCPOA deal remain slim as US midterms loom The Continue Reading
