Once new European Union restrictions on Russian oil products come into force on February 5, Russia could face losses of around $300 million per day, a new report from a Finnish research center predicts. The report, by the independent Helsinki-based Centre for Research on Energy and Clean Air (CREA) noted on Wednesday that the existing EU ban on crude oil imports from Russia, combined with the oil price cap, are costing the Kremlin’s coffers around $172 million per day. CREA notes that Russia’s fossil fuel export earnings…
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Latest Cuts Leave OPEC with Fewer Options
Last week, OPEC and its partners from OPEC+ agreed to deepen and extend their production cuts into the first quarter of 2024. The move, almost unanimously seen as a means to propping up oil prices, did not have the desired effect. After an initial jump...
Caixin Manufacturing PMI. China, 03:45 (GMT+2)
At 03:45 (GMT+2), November data on Caixin Manufacturing PMI will be published in China. The indicator is compiled from the enterprises’ responses about their purchasing activities and supply situations. At the same time, the attitude of purchasing mana...
US Water Systems Targeted By Iran-Linked Cyberattacks In Multiple States
US Water Systems Targeted By Iran-Linked Cyberattacks In Multiple States
Authored by Tom Ozimek via The Epoch Times (emphasis ours),
Multiple federal agencies are warning that Iran-linked hackers have been targeting U.S. water systems and...
Popular
Latest Cuts Leave OPEC with Fewer Options
Last week, OPEC and its partners from OPEC+ agreed to deepen and extend their production cuts into the first quarter of 2024. The move, almost unanimously seen as a means to propping up oil prices, did not have the desired effect. After an initial jump...
Caixin Manufacturing PMI. China, 03:45 (GMT+2)
At 03:45 (GMT+2), November data on Caixin Manufacturing PMI will be published in China. The indicator is compiled from the enterprises’ responses about their purchasing activities and supply situations. At the same time, the attitude of purchasing mana...
US Water Systems Targeted By Iran-Linked Cyberattacks In Multiple States
US Water Systems Targeted By Iran-Linked Cyberattacks In Multiple States
Authored by Tom Ozimek via The Epoch Times (emphasis ours),
Multiple federal agencies are warning that Iran-linked hackers have been targeting U.S. water systems and...
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