U.S. coordinating with other nations on potential release WTI trading at $93, falling from its highs of $100 a barrel Oil Market Implications of Russia’s Attack on Ukraine Oil pared Continue Reading
Efforts by the US to inflict economic pain on Russia in retaliation for its invasion of Ukraine could be hamstrung if sanctions drive an increase in energy prices. The US Continue Reading
Russia’s second-largest oil producer Lukoil (LKOH.MM) said on Friday it has completed its acquisition of a 50% operator interest in an offshore oil project in Mexico, part of its drive Continue Reading
Russia has spent the past seven years building up formidable financial defences, yet in the long run, its economy is unlikely to withstand the onslaught of coordinated sanctions from the Continue Reading
From Chelsea penthouses to Highgate mansions, Russia’s long-standing infatuation with U.K. real estate is evident from a cursory glance at some of the country’s priciest property transactions. The past decade Continue Reading
French consumer prices rose 4.1% in February from a year earlier. Photographer: Marlene Awaad/Bloomberg Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast Continue Reading
Germany is encouraging farmers to install solar panels alongside crops in a bid to accelerate the expansion of renewable power. The government will support farmers in setting aside as much Continue Reading
More than 126,000 commercial buildings in London are at risk from flash flooding. Climate change will heighten that threat. Those are the findings of a new study by Zurich Insurance Continue Reading
The plethora of sanctions that were announced by Western powers after Russia invaded Ukraine and one notable absence: energy industry sanctions. The reason European powers are so reluctant to sanction Continue Reading
Owners of tankers have become reluctant to offer their vessels to load crude from Russia for fear that their future cargo could be breaching potential sanctions if the West decides Continue Reading
