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Bitcoin Sinks As Crypto Companies Grapple With SEC Lawsuits

The U.S. Securities and Exchange Commission (SEC) is suing crypto exchange Coinbase for operating as an unlicensed broker since 2019, a day after filing a similar suit against Binance.

Saudi arabiaUnited kingdomSouth africaOil sands major toEu says wont extend emergency energyUs intelligence communityBig oil over projectInternational airlines slamMisleading messages on green energyOil prices unlikely toLarge builds in product inventories forceOil as saudi arabia cuts productionMajor climate alliance proposes guidelinesChina service sector activityUk bans big oil adsRussia sees oil gas tax revenue

Russian Crude Prices Via Druzhba Pipeline To Jump 16% After Dam Collapse

June prices for Russian flagship Urals crude via the Druzhba pipeline through Ukraine are set to jump by 16% over May’s prices due to European refiners’ concerns of transit disruptions following the collapse of a major Ukrainian dam

Saudi arabiaUnited kingdomOdes ka oblastBig oil over projectBitcoin sinks as crypto companies grapple withOil outputRussia sees oil gas tax revenueEu says wont extend emergency energyMajor climate alliance proposes guidelinesChina service sector activityUk bans big oil adsOil as saudi arabia cuts productionLarge builds in product inventories forceOil prices unlikely toInternational airlines slamUs intelligence community

Chinese Steel Prices Fall To Three-Year Low

Chinese steel prices have unexpectedly fallen to a three-year low, impacting the global steel market, particularly in countries like India.

United statesSaudi arabiaSouth africaUnited kingdomEu says wont extend emergency energyCarbon energyInternational airlines slamFunding paramilitary groupRussia sees oil gas tax revenueChina service sector activityBig oil over projectOil sands major toUnlikely to announce additional oil outputOil prices unlikely toMajor climate alliance proposes guidelinesOil as saudi arabia cuts production

Saudi Arabia Raises Arab Light Prices For Asia

Saudi Arabia has raised the official selling price (OSP) for Arab light for Asia by $0.45/bbl m/m to $3.00/bbl for July, following the June 4 announcement that OPEC+ would extend production cuts until 2024

United statesSaudi arabiaSouth africaMajor climate alliance proposes guidelinesGas leak forces equinor to shut majorUnlikely to announce additional oil outputOil as saudi arabia cuts productionChina service sector activityGulf after iran seized oil tankersHydrogen buses runningSaudi arabia could cut oil pricesBuffett boosts occidental petroleum stakeOil sands major toCarbon energyConsortium toIndonesia mining and battery industries

Russia Sees Oil & Gas Tax Revenue Shed 36% In May

Lower crude oil prices, Western sanctions and European push for energy independence combined to shave 36% off Russia’s oil and gas tax collection for last month, compared to a year ago

Saudi arabiaSouth africaUnited kingdomUnited statesCarbon energyIndonesia mining and battery industriesOil sands major toConsortium toOil as saudi arabia cuts productionChina service sector activitySaudi arabia could cut oil pricesRussia sees oil gas tax revenueEu says wont extend emergency energyMajor climate alliance proposes guidelinesFunding paramilitary groupBuffett boosts occidental petroleum stake

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