Category archives for Russia

Gold prices rise amid moves to ban Russian exports

  • 27 June, 2022
  • 2:24 pm EEST

Gold prices rose more than 9 dollars, during trading today, Monday, June 27, 2022; News of some Western countries' plans to formally ban imports of the metal from Russia due to its invasion of Ukraine sparked interest in the precious…

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Oil prices are down 5%, and Brent crude is below $110

  • 22 June, 2022
  • 2:44 pm EEST

Oil prices are down 5%, and Brent crude is below $110 Oil prices fell, about 5%, during trading today, Wednesday, June 22, 2022, amid US President Joe Biden's effort to reduce high fuel costs. The White House is putting pressure…

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China’s imports of Russian oil jump 55% in May

  • 20 June, 2022
  • 5:48 pm EEST

China's imports of Russian oil jumped 55% last May, displacing Saudi Arabia from the first place among crude suppliers to Beijing, 19 months after Riyadh topped the list. China's General Customs Administration data indicated today, Monday, June 20, that Russian…

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Oil prices are rising… and Brent crude is above $120

  • 17 June, 2022
  • 2:21 pm EEST

Oil prices rose today, Friday, June 17, 2022, with continued supply tightening and new US sanctions to limit Iranian oil exports. Crude prices had started trading lower, with concerns about demand emerging in the wake of US interest rate increases.…

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Russia’s fossil fuel exports to Europe feed Moscow’s coffers with $64 billion

  • 09 June, 2022
  • 3:59 pm EEST

Moscow continues to make solid gains from selling Russian fossil fuels to the European Union, despite sanctions and lower imports. The European Union's imports of Russian energy have reached 60 billion euros ($64.4 billion) since Russia launched its war on…

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