The Russian Ministry of Finance and the Central Bank are unable to reach an agreement on how to cope with the rise of cryptocurrency. Despite the central bank's worries, Russia's finance ministry is sticking to its intentions to deploy Bitcoin…
Continue ReadingAs European gas prices soar and governments worry about their effect on a spiralling cost of living, Russia on Wednesday offered what it said could be a swift solution: rapid certification of its recently completed Nord Stream 2 pipeline that…
Continue ReadingOil prices rose during trading on Tuesday, reaching their highest levels in at least 3 years. Oil prices continued to reap the gains made during the previous session, after the world's major oil producers within the OPEC + alliance announced…
Continue ReadingThe gas crisis in Europe is not entirely surprising. It has been looming since at least June, when stocks began gradually declining below normal levels during the summer, and the problem has worsened with gas prices more than tripling this…
Continue ReadingBefore the end of the session, oil continued to keep higher, up 2.8% at around $68.20. Let's review the production quota commitment figures for the current agreement before holding today's meetings: Let's start with the 13 OPEC member countries; I…
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