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Russia's oil and gas revenue reportedly tanked in February as price caps and sanctions ate into export earnings

Fri, 03/03/2023 - 11:55

Tech Insider

Russian President Vladimir Putin speeches during the Council of Lawmakers at the Tauride Palace, April 27, 2022 in Saint Petersburg, Russia — Vladimir Putin.
Getty Images

Markets, MI Exclusive, Russia, Russian energy exports, Russian Oil, Russia Energy Revenue, Commodities

Indian buyers for Russia's oil are drowning in price-cap paperwork and that could hit Moscow's sales, report says

Tue, 02/28/2023 - 11:53

Tech Insider

Oil tanker — Russia's oil exports to India are running into paperwork holdups.
Felix Cesare/Getty Images

Markets, MI Exclusive, Oil, Commodities, Russia, India, China

Metal tycoon sued over missing $577 million in nickel told cargo inspectors he'd had a heart attack, report says

Tue, 02/28/2023 - 08:46

Tech Insider

Shipping containers — Trafigura has sued Prateek Gupta over missing nickel cargoes.
Alex Kantrowitz

Markets, MI Exclusive, Nickel, Trafigura, Nickel price, batteries, Fraud

Russian oil heads to West Africa for the first time since 2018 as Western sanctions leave Moscow scrambling to find buyers

Tue, 02/28/2023 - 07:28

Tech Insider

Tankers carrying Russian oil are settling in Asian ports ahead of EU sanctions — The last time Russian oil was delivered to a Western African country was in 2018.
Getty Images

Markets, MI Exclusive, Russian Oil, Ghana, Russia, Ukraine, Oil

Oil prices head for a 4th monthly loss in a row, as traders keep worrying about the Fed's war on inflation

Tue, 02/28/2023 - 06:38

Tech Insider

Oil storage facility in Texas — An oil storage facility in Houston, Texas.
Mark Felix/AFP via Getty Images

Markets, MI Exclusive, Oil, Commodities, Oil price, oil price outlook, Federal Reserve

Watch for oil demand to soar to record highs this year and drive crude back up to $100, top energy trader says

Mon, 02/27/2023 - 10:16

Tech Insider

Oil storage facility in Texas — An oil storage facility in Houston, Texas.
Mark Felix/AFP via Getty Images

Markets, MI Exclusive, Oil, oil prices, Brent Crude, China, china reopening

US stocks close lower to wrap up losing week as hot inflation data jolts markets

Fri, 02/24/2023 - 16:08

Tech Insider

Stock traders on the exchange trading floor. — Stock traders
Drew Angerer/Getty Images

Markets, MI Exclusive, Stock markets, Stocks, Equities Markets, Inflation, Stock Market Outlook

The West hits Russia with fresh sanctions and raises tariffs on key commodities a year after the invasion of Ukraine

Fri, 02/24/2023 - 08:34

Tech Insider

russia ukraine — A Russian armored personnel carrier is driven on a street in Sevastopol, Ukraine’s Black Sea Port that hosts a major Russian navy base Tuesday, Feb. 25, 2014. Tensions were building up in the Crimea, where ethnic Russians who make the majority of the local population are deeply suspicious of the new Ukrainian authorities who replaced fugitive Russia-backed President Viktor Yanukovych.
AP Photo/Andrew Lubimov

Markets, MI Exclusive, Ukraine, Russia, Sanctions, US, G7

Putin's war in Ukraine brought chaos and change to the global energy market. These 4 charts show how the conflict transformed the oil and gas landscape.

Fri, 02/24/2023 - 08:13

Tech Insider

Russian President Vladimir Putin. — Russian President Vladimir Putin.
MIKHAIL KLIMENTYEV/RIA NOVOSTI/AFP via Getty Images

Markets, MI Exclusive, Commodities, Russia, Ukraine, Vladimir Putin, Ukraine War

Natural gas plunges 10% to its lowest level since 2020 as winter demand concerns fade

Tue, 02/21/2023 - 15:50

Tech Insider : Economy

Trader NYSE green — Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., March 17, 2020.
Lucas Jackson/Reuters

Markets, MI Exclusive, Stock Market, Commodities, Natural Gas, Trading, finance

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