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China and India 'launder' Russian oil and resell it to Western nations that sanctioned Moscow, study says

Wed, 04/19/2023 - 09:25

putin russia — Russian President Vladimir Putin.
Sergei Karpukh/Reuters

Markets, MI Exclusive, Russia, Oil, Crude Oil, Ukraine War, Sanctions

The anti-dollar drive spearheaded by Asia has spread to Europe, with France growing sour on the greenback's dominance. Here are 6 rising threats to the buck's supremacy of global trade.

Wed, 04/19/2023 - 06:00

Dollar notes — 100 dollar bills seen displayed.
(Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)

Markets, MI Exclusive, Dollar dominance, King Dollar, Federal Resere, Inflation, Interest Rates

Prepare for oil to rally as the Fed gets set to pause its rate hikes, JPMorgan says

Mon, 04/17/2023 - 11:08

Jerome Powell smiles after taking the oath of office for his second term as Chair of the Board of Governors of the Federal Reserve System at the Federal Reserve Building in Washington, DC, on May 23, 2022. — Fed Chairman Jerome Powell.
OLIVIER DOULIERY/AFP via Getty Images

Markets, MI Exclusive, Oil, Oil Rally, commodity, Federal Reserve, Interest Rates

Russia's economy is hurting - and a new wave of EU sanctions aimed at crippling its 'war machine' are coming. Here are 6 key developments in the past week.

Sun, 04/16/2023 - 06:45

Russian President Vladimir Putin in Moscow, Russia on March 30, 2023. — Russian President Vladimir Putin.
Gavriil Grigorov/Sputnik, Kremlin Pool Photo via AP

Markets, MI Exclusive, Vladamir Putin, Russia, Russian Economy, Ruble, Currency

China and India are buying so much Russian oil that Moscow's now selling more crude than it was before invading Ukraine

Fri, 04/14/2023 - 12:35

china president putin russia — Sergei Karpukhin/Reuters

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

Surging oil prices amid war in Ukraine helped push Exxon CEO's pay up more than 50% in 2022

Thu, 04/13/2023 - 14:35

darren woods exxon mobil — Darren Woods
AP Photo/Richard Drew

Markets, MI Exclusive, Exxon Mobil, Exxon Mobil earnings, Oil, russia ukraine war, russia invasion

Russia's economy is worse than Moscow claims because military spending covers up how much the private sector is shrinking

Thu, 04/13/2023 - 12:53

Vladimir Putin — Russian President Vladimir Putin delivers a speech before a ceremony celebrating Women's Day in Moscow on March 8, 2023.
Mikhail Metzel/Getty Images

Markets, MI Exclusive, Russia, Ukraine War, Russia Oil, Oil, energy

Russia's economy in 4 charts: How war, sanctions, and shifting oil flows have reshaped a world power

Thu, 04/13/2023 - 09:53

putin russia — Russian President Vladimir Putin gestures during a meeting with journalists after a live broadcast nationwide call-in in Moscow, Russia, April 14, 2016.
REUTERS/Maxim Shemetov

Markets, MI Exclusive, russia economy, Russia, Putin, Oil, Trade

Russia's economy is becoming more 'primitive' and war could push it to the same fate as the Soviet Union, says economist targeted by Moscow

Mon, 04/10/2023 - 10:09

Putin rides a train — Russian President Vladimir Putin rides a suburban train in Moscow, Russia, in November 2019.
Alexei Druzhinin, Sputnik, Kremlin Pool Photo via AP)

Markets, MI Exclusive, Vladamir Putin, Russia, Russian Economy, Sanctions, Ukraine War

Gas prices are on the rise again and drivers can expect more increases to come after steep oil production cuts by OPEC+

Thu, 04/06/2023 - 13:35

pumping gas — Getty/Justin Sullivan

Markets, MI Exclusive, Gas Prices, Oil, OPEC, energy, Brent oil price

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