Economics


Russia JUST ANNOUNCED Deeper Oil Cuts | HUGE THREAT To G7 Countries

Russia plans to reduce its daily oil production by 500,000 barrels in March, which is approximately 5% of its current output. The reduction is in ...

Germany: India’s oil trade with Russia is ‘None of our business…’

India buying oil from Russia is "none of our business" German Ambassador to India Dr Philipp Ackermann has said that the decision on purchase is ...

India steel imports from Russia rise to eight-year high in April-Jan

India's imports of Russian steel rose to an eight-year high during the first 10 months of the financial year that began in April 2022, government ...

Russian banks’ profits reached 258 billion roubles in Jan, up 150% from same time last year – central bank

Russian banks' profits totalled 258 billion roubles ($3.38 billion) in January, 1.5 times higher than in the same month of 2022, Russia's central bank said ...

Europe’s Ongoing Energy Catastrophe JUST DEEPENED | Heading Towards DISASTER

Europe is currently facing an energy crisis that is causing concern for governments and citizens alike. The root of the problem lies in Russia's ongoing ...

Russia is now one of the top countries in the world in terms of gold and foreign exchange reserves, with a total value of 582 billion dollars

Russia has now become one of the top four countries in the world in terms of gold and foreign exchange reserves, with a total value ...

OPEC/+ Rejects US Plea for Oil Production Increase

In its recent meeting OPEC+ Joint Ministerial Monitoring Committee decided to maintain current oil production policy as the group balances the demand outlook from China ...

BRICS – ALGERIA’s Signing almost complete

Algeria, Africa's largest natural gas exporter, is making the most of a new era in great-power rivalry and an ongoing energy crisis. Having officially applied ...

Russia’s oil export to India touches new high despite G7 price cap I Modi-Putin Bonhomie ‘wins’

The G7 nations price cap on Russian oil has not affected supplies to India. Vortexa limited d data showed that Russia remained India’s biggest oil ...

Oil prices jump more than 2% on Russian plan to cut output

Oil prices jumped more than 2% on Friday, heading for weekly gains, as Russia announced plans to reduce oil production next month after the West ...

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