Oil rose in early trade on Friday, trimming some of the week’s losses which have been driven by worries about Chinese demand and expectations a high price cap planned by the Group of Seven (G7) […]
The European Parliament has declared Russia as a “state sponsor of terrorism”, saying Russian atrocities against Ukrainians and the destruction of civilian infrastructure violate international and humanitarian laws. The Parliament’s move on Wednesday “>was welcomed […]
The Central Intelligence Agency is seeking to tap Russians as potential spies who are “disgusted” with Putin’s war in Ukraine, The Wall Street Journal reported this week, as part of a new push to bolster […]
On Wednesday, Reuters reported that the Group of Seven (G7) nations is now considering imposing a price cap on Russian sea-borne crude in the range of $65-70 per barrel. EU leaders met on Wednesday to […]
Bulgaria’s caretaker government and Lukoil Neftochim Bulgaria have agreed that it can continue operating and exporting oil products to the EU until the end of 2024, as long as it pays its taxes in full, […]
NewsRussia-Ukraine war The European Parliament has declared Russia a “state sponsor of terrorism”, saying Moscow’s “deliberate attacks and atrocities” in Ukraine violate human rights and international humanitarian laws. European lawmakers passed the resolution on Wednesday […]
Sky-high oil tanker rates are weighing on physical crude trade. On Monday, the earnings on the benchmark key crude oil trading route hit $100,000 per day. Falling premiums on spot prices for various crudes, however, […]
President Vladimir Putin on Tuesday touted Russia’s Arctic power at a flag-raising ceremony and dock launch for two nuclear-powered icebreakers that will ensure year-round navigation in the Western Arctic. Presiding via video link from the […]
As Europe edges nearer to its 5th December cut-off date for Russian oil imports, it is still finding it hard to wean itself off all Russian energy. Reliance on Russia’s gas is proving more of an […]
Coal may seem like the power source of yesteryear. After all, the United States has spent more than a decade retiring coal-fired power plants and boosting clean energy, as countries around the world pledge to […]
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