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Oil prices climb as opec+ agrees to 100,000 barrel cut per day

Oil prices climbed on Monday as members of the Organization of Petroleum Exporting Countries and russia...

September 5, 2022, 8:43 am

Oil producer group opec+ surprises energy markets with a small production cut

It comes amid a bitter energy dispute between russia and the West, with many in Europe deeply concerned...

September 5, 2022, 8:36 am

Oil prices climb as opec considers cutting production

Saudi Arabia floated the idea of a small output cut after prices fell, but russia is opposed to the ide...

September 5, 2022, 6:46 am

Gas prices surge as russia keeps crucial pipeline closed

Gas prices surged more than 30% Monday after russia's decision late Friday by Gazprom PJSC to keep ...

September 5, 2022, 4:57 am

Oil prices will surge to $125 a barrel next year despite the g7's cap on russian crude, goldman sachs says

Moscow could retaliate against the G7's latest plan to cap prices by reducing oil production and cutting out export partners, strategists warned....

September 5, 2022, 4:55 am

Opec+ mulls over output quotas amid falling oil prices

OPEC+ (comprising the Organization of the Petroleum Exporting Countries plus various affiliates including russ...

September 5, 2022, 4:18 am

Snam ceo: we need to go 'well beyond' 80% gas storage ahead of winter

Snam's CEO Stefano Venier discusses the preparations needed ahead of a potential total russian gas supp...

September 5, 2022, 2:54 am

Enel ceo awaits word on sale of russian unit to lukoil

Italian utility Enel has no indication on when it can close the sale of its russian unit, CEO Francesco...

September 3, 2022, 7:51 am

Credit suisse looking at cutting around 5,000 jobs

Credit Suisse looks to cut jobs after scandals that include failed investments, COVID-19 rules violation by chairmen, and potential dodging of sanctio...

September 2, 2022, 7:04 pm

Swedish appliance maker electrolux to exit russia and divest business to local management

Swedish appliance maker Electrolux AB sk:elux sk:elux ELUXY, -3.56% said Friday it had decided to exit russia<...

September 2, 2022, 6:13 am

Eni: political risks priced in

Russia continues to cut gas supplies to Europe. The spot gas price is just over €280 per MWh. Higher extra tax for Eni now accounts for almost €1....

September 2, 2022, 5:36 am

Oil and gas rise ahead of opec meeting as russia due to restart european gas

Traders are looking at how OPEC responds to falling oil prices, and there is concern russia many not tu...

September 2, 2022, 4:55 am

Equinor completes russia exit due ukraine war

Norwegian energy firm Equinor said on Friday it had completed its exit from russia in the wake of Mosco...

September 2, 2022, 2:19 am

Lukoil chairman ravil maganov is the 8th russian energy executive to die suddenly this year

Since January, seven other russian energy executives have died under unusual circumstances, according t...

September 1, 2022, 5:02 pm

U.s. restricts sales of high-end chips to china: sell nvidia stock now?

Nvidia Corporation (NASDAQ: NVDA) is down 10% on Thursday after the U.S. announced new licensing requirements on sales of sophisticated chips to China...

September 1, 2022, 4:15 pm

Lukoil chairman dies after falling from a moscow hospital window

The chairman of russian oil and gas giant Lukoil has died after falling out of the window of a hospital...

September 1, 2022, 10:52 am

Lukoil chairman dies after reportedly falling from window

The chairman of russian oil giant Lukoil has died after falling from a hospital window,...

September 1, 2022, 4:36 am

U.s. restricts sales of sophisticated chips to china and russia

Limits were placed on high-end GPUs that power supercomputers and artificial intelligence, said Nvidia and AMD, two Silicon Valley chip makers....

August 31, 2022, 9:17 pm

Citigroup - a little post-earnings bump, but a lot of work still to do

Citigroup reported better-than-expected results for Q2, but the competitiveness of the core U.S. banking operations is still in question as competitio...

August 31, 2022, 5:43 pm

Eu to tighten travel rules for russians, but no visa ban

European Union countries agreed Wednesday to make it harder for russian citizens to enter the 27-nation...

August 31, 2022, 11:29 am


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