Categories Business Iran doubles oil discount for China – media Posted on Posted onJuly 7, 2022July 7, 2022By Editor The move aims to match the cost of Iranian crude with Russia’s Urals grade, traders told Bloomberg. … Read More >Iran doubles oil discount for China – media
Categories Business UK urged to brace for economic storm Posted on Posted onJuly 6, 2022July 6, 2022By Editor The Bank of England has issued a bleak economic outlook amid spiraling inflation. … Read More >UK urged to brace for economic storm
Categories Business Russia becomes India’s top fertilizer supplier Posted on Posted onJuly 6, 2022July 6, 2022By Editor Moscow offers agri-produce at lower prices than China, Saudi Arabia, Morocco and Jordan . … Read More >Russia becomes India’s top fertilizer supplier
Categories Business German banks prepare for energy-related defaults – Bloomberg Posted on Posted onJuly 6, 2022July 6, 2022By Editor The country’s lenders are reportedly hoarding cash to support businesses if Russia halts gas supplies. … Read More >German banks prepare for energy-related defaults – Bloomberg
Categories Business Inflation in Spain hits 37-year high Posted on Posted onJuly 6, 2022July 6, 2022By Editor The annual rate surpassed 10% last month, official data shows. … Read More >Inflation in Spain hits 37-year high
Categories Business Every second German fears freezing this winter — poll Posted on Posted onJuly 6, 2022By Editor People are concerned over a possible lack of gas due to cuts in Russian supplies. … Read More >Every second German fears freezing this winter — poll
Categories Business Germany posts first trade deficit in 30 years Posted on Posted onJuly 6, 2022July 6, 2022By Editor The costs of imports soared while foreign sales dropped for the export-oriented economy. … Read More >Germany posts first trade deficit in 30 years
Categories Business European gas prices pushing higher Posted on Posted onJuly 6, 2022July 6, 2022By Editor Energy prices hit four-month high as a strike in Norway adds to supply woes. … Read More >European gas prices pushing higher
Categories Business Top EU importer of Russian LNG revealed Posted on Posted onJuly 6, 2022By Editor France purchased most of the short-term cargoes in April-May, according to energy researcher CREA . … Read More >Top EU importer of Russian LNG revealed
Categories Business US power companies brace for supply crisis – Reuters Posted on Posted onJuly 5, 2022July 5, 2022By Editor Consumer energy demand is expected to hit all-time highs this summer, and utilities are warning they may lack the equipment to maintain the grid. … Read More >US power companies brace for supply crisis – Reuters