2023-07-31 09:15:52 Cityscape of Saudi capital Riyadh. Harri Jarvelainen Photography | Moment | Getty Images Saudi Arabia’s economy slowed in the second quarter, as crude output cuts and a drop in oil prices reined in one of the fastest growing nations of the G20. Riyadh’s GDP expanded by an annual 1.1% in the second quarter, … Read more
Although the last autumn month pleased private investors in the collective investment market, the income was noticeably lower than a month earlier. The best dynamics was shown by funds focused on foreign assets, which rose against the backdrop of reduced fears about a further increase in the Fed’s rate. Funds focused on precious metals also … Read more
Original title: 21 Depth｜The risk of “lack of gas” intensifies, Japanese companies are difficult to abandon the Russian Far East oil and gas project 21st Century Business Herald reporter Hu Huiyin reported in Guangzhou According to CCTV news reports, a number of Japanese companies are considering signing contracts with the new operator of Russia’s “Sakhalin … Read more
Oil prices closed slightly lower on Tuesday after a volatile session in which the market battled between fears of an economic slowdown that could reduce demand and news that some crude exports were suspended in the Druzhba pipeline from Russia to Europe, which runs through Ukraine.Oil prices have been under pressure for weeks, with growing … Read more
Data from trade sources showed that India’s imports of crude oil from Russia jumped to a record level of about 950,000 barrels per day in June, which constitutes about 20 percent of the total imports of the third largest consumer of crude in the world. Brent and Middle East crudes are sold at steep discounts … Read more
Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Archyde.com Oil giant Aramco reported a more-than 80% jump in net profit Sunday, topping analyst expectations and setting a new quarterly earnings record since its IPO. The Saudi Arabian behemoth said net income rose 82% to … Read more
<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" Rao Nordic, a subsidiary of Russia’s state energy holding company Inter Rao, has not received HelsinkiAny payments for the electricity that Finland has been providing since May 6, the group said in a statement, noting that there is no way to pay Electricity Bills which originated from Russia. She said … Read more
Gazprom Group announced on Sunday that shipments of Russian gas to the European Union and Turkey fell sharply between January and April compared to the same period last year, while shipments to China rose.The Russian state group announced in a statement that “exports to countries outside the Commonwealth of Independent States (the European Union and … Read more