Despite a 500,000 barrel-per-day output cut announced by Moscow in alleged retaliation for the G7 price cap of $60, Urals crude loadings from Russia’s western ports is set to be more than 2.4 million bpd for the month of April
As blank-check SPAC mergers attempt a comeback after a volatile year, solar outfit Sunergy Renewables has announced plans to go public and list on the NASDAQ in a $475-million deal that is expected to close in the fourth quarter of this year
Crude oil prices continued to decline on Wednesday, failing to gain any purchase from a significant drop in U.S. crude inventories and instead driven by the fears of another interest rate hike and a climbing dollar
As tensions rise between China and the United States over Taiwan, Goldman Sachs says it is seeing big money managers around the world dumping Chinese equities and moving money into American energy instead