04:51 PM @ 27/07/2022
Despite damaging Western sanctions imposed on Moscow in the wake of the invasion of Ukraine, Russia's economy appears to be weathering the storm better than expected as it benefits from high energy prices, the IMF said Tuesday.SEE MORE04:46 PM @ 27/07/2022
Western sanctions are weighing on the Russian economy as the war in Ukraine enters its fifth month, and the country's sinking GDP makes a full economic recovery difficult to envision, according to a new study by Yale academics including Jeffrey Sonnenfeld.SEE MORE04:30 PM @ 27/07/2022
Falling petrol prices have given cheer to people and businesses and may stimulate consumer demand in the near future.SEE MORE06:17 PM @ 26/07/2022
The energy giant says flow through the Nord Stream 1 pipeline to Germany will drop to just 20 percent of capacity as of Wednesday.SEE MORE05:55 PM @ 26/07/2022
Oil prices dropped on Monday, extending a recent losing streak on concerns that an expected rise in U.S. interest rates would weaken fuel demand.SEE MORE
