The international situation is changing rapidly, the situation between Russia and Ukraine is escalating again, the military reports ahead are constantly updated, and the global economic market is also entering into tension. Since 2019, due to geopolitical issues, oil prices have repeatedly surged to ...
"The surge in the oil price is terrible news for businesses and consumers," said Russ Mould, investment director at AJ Bell, a provider of online investment platforms and stockbroker services. Mould added that fundamentally this clarifies one of the key impacts of the Russia-Ukraine conflict: it...
SINGAPORE (ICIS)–Crude oil-led spikes in commodity prices if the Russia-Ukraine war is prolonged will further fuel inflation, with possible dire consequences for the global economy still recovering from the coronavirus pandemic. Hits onglobal GDPwill be significant...
Dr Carole Nakhle, CEO of energy research and advisory company Crystol Energy, said: “The conflict in Ukraine has played a bigger role in gas markets than oil markets, given the greater liquidity of the latter and the ease with which trade flow can be redirected.” Initial fears...
The Kremlin said Monday that a $60 price cap on Russian oil exports agreed by the EU, G7 and Australia will not affect Moscow's military campaign in Ukraine. "The economy of the Russian Federation has all the necessary potential to fully meet the needs and requirements of the special ...
AAA says the national average for a gallon of regular unleaded gas is up 24 cents in just the past month, now Russia's invasion of Ukraine is expected to fuel more increases.
The "Price Cap Coalition" of countries announced plans in September to limit the price of Russian oil to deny Russian President Vladimir Putin a funding source for his ongoing invasion of Ukraine. The cap is also designed to maintain the flow of oil on the market. ...
The intensifying Russia-Ukraine conflict has dealt a severe blow on global market. Several countries are stepping up the sanctions against Russia in financial sector and the sanctions could reach energy sector. As a result, crude oil and natural gas prices spike recently. On Mar 3, Brent crude...
If you’ve been anywhere on the Internet recently, you would have heard of the war that is set to occur between Russia and Ukraine. But if you aren’t associated with the news, you can get startedhere. While the two countries are over 8,000 kilometres from our tiny red dot, there wi...
Ukraine does not. They cannot afford to actually get all their energy at world market prices for very long. Having said that, I am not really sure Ukraine really is cut off from all Russian supplies for good. It is a very blunt weapon. 2 1 Quote Tomasz Oil Major Members + 1,...