Alternative, high-frequency data show economic activity in a number of major advanced economies dropped steeply in the first weeks of November amid a stark rise in Covid-19 infections and expanding Continue Reading
Russia is not ready to discuss changes to the ongoing OPEC+ oil production cuts before the Joint Ministerial Monitoring Committee (JMMC) next week, Russia’s top oil diplomat Alexander Novak told Continue Reading
Germany’s gas demand, which is currently just above 90 billion cubic meters (Bcm) per year, is set to increase to more than 110 Bcm by 2034, but as future supplies Continue Reading
Britain’s economy grew by a slower than expected 1.1% in September from August, lagging other rich nations as it struggled to recover from the shock of the pandemic even before Continue Reading
Russia’s Sputnik V vaccine is 92% effective at protecting people from COVID-19 according to interim trial results, the country’s sovereign wealth fund said on Wednesday, as Moscow rushes to keep Continue Reading
The European Union will impose tariffs on up to $4 billion of U.S. imports in retaliation for U.S. subsidies for Boeing BA.N , but said on Monday it was hopeful Continue Reading
Alexander Novak is being promoted to deputy prime minister and will no longer be Russia’s energy minister, but he is expected to continue being Russia’s key contact in talks with Continue Reading
Unemployment is rising, and companies — particularly in services — are struggling to survive. Investor confidence in Germany’s economic recovery has been hit by the new business restrictions imposed because Continue Reading
Russian refineries are coming out of their autumn maintenance programs but are expected to continue running at reduced throughput on poor economics. Receive daily email alerts, subscriber notes & personalize Continue Reading
The European Union pressed ahead Monday with plans to impose tariffs and other penalties on up to $4 billion worth of U.S. goods and services over illegal American support for Continue Reading
