Russian oil production has increased to 11.05 million barrels per day (bpd) from the start of February, up from 11 million bpd on average in January, two sources familiar with Continue Reading
Russian markets were paralyzed and traders struggled to price the ruble on Monday as the stress of Western sanctions shook the country’s financial system. The Russian currency lost a third Continue Reading
Several liquefied natural gas buyers have paused further purchases from Russia due to the quickly evolving wave of sanctions from the West, adding to worries over tight global supplies of Continue Reading
The European Union is capable of going through next winter without imports of Russian natural gas while avoiding serious damage to its economy, according to a new report by Belgium-based Continue Reading
Germany halted approval of the pipeline because of the crisis in Ukraine. The long buildup to yesterday’s Russian invasion of Ukraine has prompted lots of hand-wringing about Europe’s energy security Continue Reading
The global computer chip industry, including the giant Taiwan Semiconductor Manufacturing Company, has begun halting sales to Russia in the wake of U.S. sanctions aimed at punishing Moscow’s invasion of Continue Reading
The Russia-Ukraine conflict has affected the perception of short-term oil market dynamics. The oil market sees the security of Russian energy supplies as significantly compromised. That’s what analysts at Standard Continue Reading
Since Russian President Vladimir Putin unleashed a large-scale attack against Ukraine on Thursday, the Biden administration has sought to rally allies and partners to condemn Russian aggression and join in trade Continue Reading
Why Russia’s Invasion Is Causing Anxiety in Beijing Bloomberg News At least two of China’s largest state-owned banks are restricting financing for purchases of Russian commodities, underscoring the limits of Continue Reading
The U.S. is seriously considering whether to seek Russia’s expulsion from the SWIFT financial messaging system over the Ukraine invasion as allies in Europe warm to the idea of imposing Continue Reading
