French inflation stabilized in December, indicating price pressures may be near a peak in the euro area after surging on energy costs in the past few months. The 3.4% year-on-year Continue Reading
Russian oil output up to 524.05 mln T in 2021 Output seen rising further in 2022, 2023 Russia plans to reach pre-pandemic oil output by May Analysts sceptical about the Continue Reading
Euro-area inflation figures for December due this week are likely to indicate price increases may have peaked. The rate should drop more significantly at the start of this year, as Continue Reading
Germany is contemplating further measures to contain Covid-19 as the omicron variant threatens to become the dominant strain in the country by mid-January. When Chancellor Olaf Scholz meets with state Continue Reading
The US and its allies will “respond decisively” if Russia invades Ukraine, President Joe Biden told his counterpart in Kyiv as tensions mounted over Moscow’s troop deployments. The call on Continue Reading
Brussels wants to recognize nuclear power and forms of natural gas as “green” activity as part of a landmark EU classification scheme to help financial markets decide what counts as Continue Reading
The European Union has drawn up plans to classify some nuclear power and natural gas plants as green investments that can help Europe cut planet-warming emissions, a landmark proposal that, Continue Reading
Russia’s daily average crude and condensate output rose by 2.4% on year to 10.52 million b/d in 2021, as OPEC+ increased quotas in line with recovering demand as pandemic lockdown Continue Reading
French President Emmanuel Macron on Friday said the next few weeks would be difficult as the country headed into subdued New Year celebrations after registering 232,200 new COVID-19 cases over Continue Reading
Russia has overtaken Brazil to have the world’s second-highest death toll from the COVID-19 pandemic, behind the United States, data from Russia’s state statistics service and Reuters calculations showed on Continue Reading
