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Economy Energy Featured Finance World

Oil holds steady as investors assess attacks on Russian energy facilities

Oil also received some support from solid refinery demand in China last month and a decline in US crude inventories.  Oil prices were little changed on Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries, while U.S. President Donald Trump said he was prepared to impose sanctions on Russia if NATO […]

Business Featured Finance World

Russia boosts seaborne fuel oil exports to India and Turkey in May, data shows

Russia increased seaborne fuel oil and vacuum gasoil exports to India and Turkey in May as falling oil product prices attracted buyers, while the hot summer season required more fuel for energy production, trade and shipping data showed. Oil prices fell to four-year lows as an OPEC+ decision to expedite its output hikes stoked fears about rising […]