Europe and the United States have barred the import of Russian oil to cut off a crucial revenue source for the Kremlin. But the plan to pile pain on President Vladimir Putin, forcing him to reconsider his war in Ukraine, hasn't worked.

  • Oil rises on U.S. crude stocks data, tight supply outlook
    Oil prices rose on Thursday as robust U.S. fuel consumption data and expected falls in Russian supply later in the year offset concerns that a possible recession in developed economies could undercut ...
    08/18/2022 - 2:18 am | View Link
  • Pulling the trigger on Russia’s gas weapon: the Kremlin is now deciding on whether to cut the European Union off.
    Europe’s energy dependency has become a key topic of debate ever since Russia’s invasion of Ukraine in February. With autumn fast approaching, the continent is now faced with the prospect of Moscow ...
    08/18/2022 - 2:09 am | View Link
  • Russian rouble steadies, bonds slightly up on inflation data
    The Russian rouble steadied and stocks were flat on Thursday, lacking new momentum in summer trade, while bond prices inched higher after inflation data underpinned expectations for another rate cut ...
    08/17/2022 - 9:26 pm | View Link
  • Volatile rouble gains, Russian stocks steady as oil prices hit low
    The rouble soared to a one-week high against the euro on Wednesday as Russia's currency and stocks swung in volatile trade, hurt by oil prices touching a six-month low but helped by the prospect of ...
    08/16/2022 - 11:34 pm | View Link
  • US claims India hid Russian origin of fuel shipped to US: RBI Dy Guv Patra
    Patra said he was told the Russian crude was processed and converted into a distillate used for making single-use plastic. He did not identify the Indian vessel or refiner.
    08/13/2022 - 3:44 am | View Link
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