Global commodity markets will need to adapt to a lack of supply from Russia and Ukraine, global miner and commodities trader Glencore (GLEN.L) said in its annual report on Wednesday. Continue Reading
Three million barrels per day (bpd) of Russian oil and products may not find their way to market beginning in April in the wake of its invasion of Ukraine, the Continue Reading
Russian gas deliveries to Europe via the Nord Stream 1 pipeline were steady while lower through Ukraine on Wednesday as the Yamal-Europe pipeline remained in reverse mode for a second Continue Reading
What would a Russian bond default look like? Russia would be in default if it doesn’t pay in U.S. currency the coupon payments that are due this Wednesday on its Continue Reading
Judging by the bond market, it will take years for Russia to re-enter the global financial system. Russian government bonds fell below 10 cents on the dollar last week, putting Continue Reading
Gazprom has reduced its natural gas exports to countries outside the former Soviet Union by 28.5 percent so far this year, Russia’s state gas giant said on Tuesday. Gazprom’s natural Continue Reading
The move could raise duties for metal imports from Russia House, Senate working to advance legislation Political officials in the US are advancing discussions on a proposal to revoke Russia’s Continue Reading
The market is waiting to see if Russian firms such as Surgutneftegas PJSC proceed with monthly sell tenders for ESPO crude this week. Away from the public eye. That’s where Continue Reading
Citigroup, the American bank with the largest presence in Russia, said it would broaden its planned withdrawal from the country because of the war in Ukraine. Citi, which announced plans Continue Reading
Russia on Monday passed a law allowing the country’s airlines to place airplanes leased from foreign companies on the country’s aircraft register – a manoeuvre likely to stoke Western fears Continue Reading
