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China is ramping up Russian oil imports and Beijing could greenlight even more volumes

Mon, 02/13/2023 - 11:08

Tech Insider

china president putin russia — Sergei Karpukhin/Reuters

Markets, MI Exclusive, China, Russia, Energy Aspects, Putin, Xi

Russia is slashing its oil output by 5% in retaliation to Western sanctions — but it also likely that it is struggling to find buyers in the first place

Mon, 02/13/2023 - 04:12

Tech Insider

Russian President Vladimir Putin slammed the EU's price cap on Russian crude, calling it "stupid."
Mikhail Metzel/Getty Images

Markets, News, MI Exclusive, Commodities, Russia, Oil, energy

Oil prices surge as Russia says it will slash crude production by 5% next month

Fri, 02/10/2023 - 09:26

Tech Insider

Vladimir Putin Russia — Russian Prime Minister Vladimir Putin.
REUTERS/RIA Novosti/Pool

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A global recession could be coming - at least that's what commodity prices seem to say

Thu, 02/09/2023 - 06:10

Tech Insider

Happy Friday eve to the smartest corner of the internet. Phil Rosen here, writing to you from New York City.

This week I've seen commentators draw comparisons between the current boom in artificial intelligence stocks and that of meme stocks two years ago.

Markets, Newsletter, 10 things, 10 things opening bell, Recession, Commodities, Economist

Oil and copper prices are weakening despite China's reopening. It's a sign a global recession is coming but liquidity issues may also be at play, economists warn.

Wed, 02/08/2023 - 11:28

Tech Insider

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Oil prices rise as the outlook for China's demand brightens and after Turkey's earthquake ignites supply concerns

Tue, 02/07/2023 - 10:15

Tech Insider

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A top oil analyst explains Europe’s new fuel sanctions on Russia and how that impacts global energy markets

Sat, 02/04/2023 - 07:00

Tech Insider

Good morning. I'm Phil Rosen.

My favorite part of this job is getting the opportunity to speak to interesting, smart people — especially when I get to share their insights here in this newsletter.

Do you have suggestions of who I could talk to next? Tweet me or email me (prosen@insider.com).

Today, I'm sharing my conversation with Matt Smith of commodities analytics firm, Kpler.

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Goldman Sachs sees oil prices heading to $100 a barrel by the third quarter of 2023 amid China reopening

Fri, 01/27/2023 - 06:46

Tech Insider

oil — Oil has dipped to around $82 amid a depressed global economic environment.
Andrey Rudakov/Bloomberg

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Oil's bull story for 2023 is China's reopening, but that could be derailed if Beijing can't stay the course on its retreat from zero-COVID policy, RBC's Helima Croft says

Tue, 01/24/2023 - 13:49

Tech Insider : Economy

A staff member fills up a car at a gas station in Nanjing, Jiangsu Province, China.
CFOTO/Future Publishing via Getty Images

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Markets, Newsletter, 10 things, 10 things opening bell, Recession, Commodities, Economist

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Markets, MI Exclusive, Commodities, Oil, OPEC, China, oil prices

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