Russia says it has summoned the ambassadors of Germany, Denmark, and Sweden and handed them notes of protest challenging their investigations into several explosions on the Nord Stream gas pipelines Continue Reading
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Oil prices were stable on Friday as support from a large cut to the OPEC+ supply target and a weaker dollar were countered by global recession fears and weak oil Continue Reading
The U.S. Energy Information Administration lowered its Brent spot average price forecasts. The U.S. Energy Information Administration (EIA) lowered its Brent spot average price forecast for 2022 and 2023 in Continue Reading
After climbing for two weeks, oil prices are set to post a weekly loss this week as new inflation data in the U.S. highlighted looming economic problems. The OPEC+ decision Continue Reading
Oil headed for a weekly loss as central banks’ inflation-fighting measures risk growth and Chinese demand remains muted amid virus lockdowns. West Texas Intermediate futures fell toward $88 a barrel Continue Reading
OPEC+ decision to cut output may lead to supply deficit in oil markets. Global oil inventories are in a decline that would be difficult to reverse. U.S. distillate inventories are Continue Reading
Nine rockets landed on Thursday around the Iraqi capital’s Green Zone, home to government buildings and foreign missions, the military said, shortly before parliament began a session to elect a Continue Reading
Saudi Arabia pushed other OPEC+ nations into an output cut last week, the White House claimed on Thursday, part of an escalating war of words between the two countries. “More Continue Reading
A 23-year-old Iranian woman who refused to put on a headscarf was shot in the face by security forces with anti-riot pellets. A divorced mother who faced down police spent Continue Reading
