As Europe continues to consider a ban on Russian energy exports, German business and unions are joining forces in opposition, warning that an immediate Russian natural gas ban would have a severe negative impact on industry and jobs. Germany boasts the largest economy in the 27-nation European Union and resisted a ban on Russian energy …
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Fed needs to act to rein in inflation that’s ‘far too high for comfort’ One of the Federal Reserve’s earliest advocates for aggressive rate increases won’t rule out a truly supersize rise, though he doesn’t expect one is needed. When it comes to the size of a rate increase, one greater than 50 basis points …
Continue reading “Fed’s Bullard: Inflation out of control if we don’t act”
Russian President Vladimir Putin assured on Monday that his country would continue to coordinate the stability of the global energy market within the framework of OPEC+ and the Gas Exporting Countries Forum (GECF), as posted by the Kremlin press service. Putin asserted that in a phone call with his counterpart, Algerian President Abdelmadjid Tebboune. Both …
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“The economic blitzkrieg strategy didn’t work,” Russian President Vladimir Putin says while adding that those who initiated the sanctions are paying a heavy price with inflation and unemployment growth. (Russian with English subtitles)NN: Putin is right. He would have never started this war unless he was sure Europe had no alternative…….. He is a evil …
Saudi crude oil exports jumped to 7.307 million barrels per day in February. Saudi crude oil exports topped the 7-million-bpd mark for the first time since the start of the pandemic. JODI: Saudi crude oil and oil products closing stocks in February rose by 316,000 bpd to 235.8 million barrels. Saudi Arabia, the world’s top …
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https://youtu.be/IBsvDUA2Qwc Deripaska, founder of Russian aluminum giant Rusal RUAL.MM, has been sanctioned by the United States, European Union and Britain. He has previously called for peace. A witness saw the 73-meter (239.5 foot) yacht Clio arrive off the coast of Gocek in the Aegean coastal province of Mugla on Saturday. The Cayman Islands-flagged vessel remains …
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A Russian diplomatic note told the US to stop arming Ukraine, warning of “unpredictable consequences.” The note was delivered to the State Department earlier this week, the Washington Post reported. The note was sent as the US was preparing to announce a new aid package for Ukraine. Russia this week sent a diplomatic note to …
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(Reuters) – Russian gas producer Gazprom continued to supply natural gas to Europe via Ukraine on Sunday in line with requests from European consumers, it said in a statement. Requests stood at 57 million cubic metres for April 17, it said. NN: For the record the EU is paying a billion dollars a day just …
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Some of Russia’s natural gas customers have agreed to pay in rubles for Russian gas, Deputy Prime Minister Alexander Novak said on Friday. Last month, Vladimir Putin said that “unfriendly” nations should pay in rubles for natural gas. Russia had set a March 31 deadline for the countries it considers “hostile”—including the United States, all EU …
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Higher exports and elevated demand have pushed U.S. natural gas in storage to its lowest level in three years. Gas in underground storage in the Lower 48 states totaled 1,387 billion cubic feet (Bcf) as of the last day of March. The U.S. is exporting record volumes of LNG as the United States looks to …
Continue reading “Natural Gas Inventories Fall To Three Year Low”