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Energy

Europe braces for more cuts in Russian oil and gas exports

Europe faces fresh disruption to energy supplies due to damage to a pipeline system bringing oil from Kazakhstan through Russia…

China’s July Russian coal imports hit 5-yr high as West shuns Moscow

China's coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five…

Russia is China’s top oil supplier for 3rd month in July

Russia held its spot as China's top oil supplier for a third month in July, data showed on Saturday, as…

UK Will Struggle to Keep the Lights on This Winter

By Sommer Saadi, Bloomberg London paid a record price for electricity to dodge a blackout in July. Thanks to what…

Oil Fluctuates as Economic Slowdown Weighed Against US Demand

By Bloomberg Oil fluctuated as investors weighed lingering concerns about an economic slowdown against bullish signals from the US and…

Russia sees 38% rise in energy export earnings

Higher oil export volumes, coupled with rising petrol prices, will boost Russia’s earnings from energy exports to $337.5bn this year,…

Oil prices recover from 6-month lows after drop in US stockpiles

Oil prices rose on Wednesday, recovering from six-month lows hit the previous day, as a larger-than-expected drop in US oil…

Saudi Aramco profit soars on higher prices and refining margins

State oil giant Saudi Aramco reported a soaring 90% rise in second-quarter profit on Sunday, beating analyst expectations and propelled…

Oil stays near multi-month lows on demand worries

Oil prices inched up from multi-month lows on Monday as lingering worries about demand weakening on the back of a…

Europe ramps up imports of Russian diesel as the EU struggles to wean off the country’s energy supplies

Europe's imports of Russian-sourced diesel spiked 13% last month as the continent struggled to wean itself off Moscow's fuel in…