Tag Archives: sanctions

Oil prices fell below $114 a barrel on Tuesday, giving up part of their 7 percent gains on Monday, as European Union member states split over a possible ban on Russian oil, but persistent supply risks limited prices. The bloc’s foreign ministers were divided over whether to join the United …

European shares rose on Tuesday, boosted by the continued recovery of energy stocks on the back of higher oil prices and gains in banking shares after hawkish comments from the US Federal Reserve chairman. The pan-European Stoxx 600 index rose 0.2 percent after a tepid start to the week. The …

Russian energy giant Gazprom said on Tuesday it was still supplying gas to Europe via Ukraine in line with the demands of European consumers. The company said orders reached 108 million cubic meters on March 22, up from 104.7 million cubic meters on March 21.

The bulls are firmly back in control of global oil markets following a series of bullish catalysts over the weekend which has sent the front-month WTI future as nearly $5.0 higher on the session to test the $110 per barrel area. As the Russian invasion of Ukraine rumbles on and …

The Kremlin said on Monday that Europe would be hit hard in the event of a Russian oil embargo, which would hurt the continent’s energy balance but not affect the United States. Some European Union foreign ministers are pressing for an oil embargo as part of an escalation of sanctions …

European Union governments are discussing an oil embargo on Russia over its invasion of Ukraine as they gather this week with US President Joe Biden for a series of summits aimed at toughening the West’s response to Moscow. In an attempt to force Russian President Vladimir Putin to withdraw his …

3-month nickel contracts retraced 12% on Friday morning to new trading levels, as heavy selling continued in the international metals markets. The price reached 36,915 dollars per metric ton with the opening of trading on the London Metal Exchange. Nickel prices doubled within hours on March 8, surpassing $100,000 a …

European shares rose on Friday, extending the strong gains recorded this week, with investors focused on the Russian-Ukrainian peace talks that seem to have made no progress so far. The pan-European Stoxx 600 index rose 0.2 percent by 0814 GMT and was on track for its best weekly performance since …

The GBP/USD pair has recovered from post-BoE lows in the 1.3100s and is back in the green above 1.3150. The pair hasn’t yet been able to get back to pre-BoE levels at 1.3200 as traders mull the dovish meeting.BoE dovishness coupled with headwinds to the global economy as a result …

European shares rose on Thursday, tracking Wall Street gains overnight after a widely expected hike in US interest rates, while optimism about Russia-Ukraine peace talks boosted sentiment. The pan-European Stoxx 600 index rose 0.5% by 0900 GMT and is on track to recover all of its losses in March. Wall …