Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase analysts warned. Russia has reduced gas exports to Italy by 15% from normal levels, an Italian official said.
The death toll in Friday’s Russian missile strikes near the Black Sea port city of Odesa is now estimated at 21 people, with dozens more injured. A high-rise apartment building and a recreation center were hit, a day after Moscow’s forces withdrew from a strategic island about 100 miles to the south.
The Pentagon released details of the latest $820 million tranche of US security assistance for Ukraine. The European Union will propose 1 billion euros in short-term financial relief for Kyiv’s urgent cash needs. Russia is easing labor rules in a bid to boost arms production in the face of Western sanctions.
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor. He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino.
Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.
Just like these two Great Powers earlier synchronized Russia’s Greater Eurasian Partnership and China’s Belt & Road Initiative , so too are they now poised to synchronize the first’s Global Revolutionary Manifesto with the second’s […]
NEW DELHI, June 13 (Reuters) – Russia rose to become India’s second biggest supplier of oil in May, pushing Saudi Arabia into third place but still behind Iraq which remains No. 1, data from trade […]
Russian President Vladimir Putin announced the completion of the first leg of the Nord Stream 2 pipeline between Moscow and Berlin, which is expected to supply gas within 10 days. “I am happy to announce that today, two and […]
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