Russia still hasn’t completed its review of the Nord Stream 1 and Nord Stream 2 pipelines, Deputy Russian Prime Minister Alexander Novak said on Thursday. As for whether gas supplies will resume in the surviving line—or when—Novak told reporters that it is “too early to talk about it now. An examination of this infrastructure is taking place. There is no final conclusion on this from the point of view of the integrity of this infrastructure. We will look at the results.” Novak failed to provide an update as to an estimated…
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Oil Prices Drop Ahead Of Fed Announcement
After reversing last week’s rout and rising for two consecutive days earlier this week, oil prices were down on Wednesday morning in Asian trade ahead of a Fed update on interest rates and other monetary policy measures. At the time of writing, Brent c...
European Spring? Germany Braces For Major Strikes While France Burns
European Spring? Germany Braces For Major Strikes While France Burns
The "winter of discontent" that has been sweeping across Europe has now escalated into a "spring of discontent," with strikes and protests set to spread from France, Gree...
Venezuela’s PDVSA Has $21 Billion In Unpaid Oil Sales To Collect
Venezuela’s state-owned oil firm PDVSA is owed a massive $21.2 billion from its oil sales, or around 84% of its total invoiced cargo shipments of the past three years, documents reviewed by Reuters showed this week. After the U.S. sanctions on its expo...
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Oil Prices Drop Ahead Of Fed Announcement
After reversing last week’s rout and rising for two consecutive days earlier this week, oil prices were down on Wednesday morning in Asian trade ahead of a Fed update on interest rates and other monetary policy measures. At the time of writing, Brent c...
European Spring? Germany Braces For Major Strikes While France Burns
European Spring? Germany Braces For Major Strikes While France Burns
The "winter of discontent" that has been sweeping across Europe has now escalated into a "spring of discontent," with strikes and protests set to spread from France, Gree...
Venezuela’s PDVSA Has $21 Billion In Unpaid Oil Sales To Collect
Venezuela’s state-owned oil firm PDVSA is owed a massive $21.2 billion from its oil sales, or around 84% of its total invoiced cargo shipments of the past three years, documents reviewed by Reuters showed this week. After the U.S. sanctions on its expo...
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