Cenovus Energy Inc reported a first-quarter profit on Wednesday that more than halved as crude prices scaled back and the oil and gas producer also lowered its full-year production outlook.
Cuba increasingly is turning to Russia and Mexico for oil to ease an acute shortage of diesel and gasoline and supplement dwindling supplies of Venezuelan crude and fuel, according to shipping data and sources.
A group of pro-Ukrainian scholars has called for much tougher Western sanctions on Russia, including halving an oil price cap to $30 a barrel, imposing a full embargo on Russian steel, iron and diamonds and making it easier to confiscate Russian assets.
Finland's Nokian Tyres set a long-term growth target on Tuesday to try to overcome the fall in business caused by the sale of its Russian plant, giving the company's share price a 6% boost.
Saudi Arabia's stock market ended higher on Tuesday after a five session break for the Muslim festival of Eid al-Fitr, while the Abu Dhabi index, which resumed trading on Monday, closed lower.