From: Counting the Cost Since being shut out of much of the global financial system, Russia has sought alternatives to soften the effects of Western sanctions. It has turned to China for an economic lifeline […]
Oil headed for a weekly surge of about 7% as an ongoing disruption to Iraqi exports tightened the market ahead of US inflation data. West Texas Intermediate futures fell to around $74 a barrel on […]
US Weighs Expanding Fed’s Emergency Liquidity Program To Stabilize First Republic, Other Regional Banks March 25, 2023 Mariel Alumit One day after a lengthy meeting on the growing bank crisis by the Financial Stability Oversight Council […]
Chinese oil and gas player CNOOC and French energy giant TotalEnergies have completed China’s first yuan-settled LNG trade through the Chinese energy trading centre Shanghai Petroleum and Natural Gas Exchange (SHPGX). Illustration only; Archive. Courtesy […]
After years of wrangling, the world’s most important oil price is about to be transformed for good, allowing crude supplies from west Texas to help determine the price of millions of barrels a day […]
China has just completed its first trade of liquefied natural gas (LNG) settled in yuan, the Shanghai Petroleum and Natural Gas Exchange said on Tuesday. As OilPrice notes, the Chinese state oil and gas giant […]
Authored by Magyar H?rlap via Remix News, “Brussels is once again stealthily taking powers away from member states,” said Hungary’s top diplomat… Minister of Foreign Affairs P?ter Szijj?rt? in Brussels. (Facebook) Hungary and Poland […]
Back to overview Home Subsea Danes complete salvage of undefined object adjacent to Nord Stream pipeline March 30, 2023, by Nadja Skopljak The object that was found adjacent to the Nord Stream 2 pipeline last […]
Daily Standup Top Stories OPEC+ Shows No Sign of Changing Oil Output at Meeting Next Week March 29, 2023 Allen Santos The OPEC+ coalition is showing no signs of adjusting oil production next week, […]
Saudi Arabia has agreed to join the Shanghai Cooperation Organization (SCO) as a “dialogue partner”, state media reported on Wednesday, the latest indication of closer political ties with China. The Shanghai Cooperation Organization was established […]
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