Russia Looks To Lure Asian Buyers With Higher Quality Crude
Russia has improved the quality of its flagship Urals crude grade in the past two months, making it lighter and sweeter, and even more attractive for buyers in Asia who Continue Reading
G7 Weighs Russia Oil Price Cap
Group of Seven nations are discussing a cap on the price of Russian oil. Group of Seven nations are discussing a cap on the price of Russian oil that would Continue Reading
Russian Industry Faces Code Crisis as Critical Software Pulled
Russia’s reliance on foreign software to run its factories, farms and oil fields is turning into one of the biggest headaches for domestic industry as more IT providers pull out Continue Reading
G7 summit: Leaders detail $600bn plan to rival China’s Belt and Road initiative
Leaders of the G7, including US President Joe Biden (L) and UK Prime Minister Boris Johnson (R), proposed a plan geared towards competing with China’s Belt and Road Initiative G7 Continue Reading
G7 considering ways of capping Russian oil price, German official says
Leaders of the Group of Seven rich democracies are having “very constructive” discussions on a possible cap on Russian oil imports, a German government official said on Saturday shortly before Continue Reading
France may restart coal-fired power plant in Lorraine this winter
The French government could restart a coal-fired power plant in the Lorraine region in north eastern France this winter, France’s energy ministry said in a written statement Sunday, confirming a Continue Reading
G-7 Latest: Leaders to Commit to Indefinite Support for Ukraine
Joe Biden and Olaf Scholz on the first day of the Group of Seven (G-7) leaders summit, June 26. Bloomberg News Group of Seven leaders will commit to providing indefinite Continue Reading
G-7 Weighs Russia Oil-Price Cap Via Insurance, Shipping Ban
Tankers moored dockside at the port in Tuapse, Russia. Source: Bloomberg Want the lowdown on European markets? In your inbox before the open, every day. Sign up here . Group Continue Reading
G7 to impose ban on imports of Russian gold
The Group of Seven nations, a bloc of the world’s wealthiest states, plans to impose a ban on imports of Russian gold, US President Joe Biden said in a tweet Continue Reading
Russia Defaults on Foreign Debt for First Time Since 1918
WATCH: Russia has defaulted on its foreign-currency sovereign debt for the first time since 1918. Su Keenan reports. Russia defaulted on its foreign-currency sovereign debt for the first time in Continue Reading