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Russia's Flagship Crude Sees Near-Record April Loadings

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 ....

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Sunergy Announces $475M SPAC Merger Deal

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 ....

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Hedge Funds Dropping China Stocks For American Oil

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 ....

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Major Turkish Gas Discovery To Start Transmission This Week

Less than a month before general elections that will decide the fate of Turkish President Recep Tayyip Erdogan, the government has announced that a natural gas discovery in the Black Sea will start production and deliveries as soon as April 20 ....

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Auto Manufacturers To Brace For Turmoil Amid Supply Chain Disruptions

Inventory and discounts are on the rise at dealerships, leading to increased bargaining power for buyers and a potential future profit bust for automakers. ....

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