The Group of Seven leading economies is discussing imposing a cap on Russian oil prices by imposing restrictions on insurance and shipping, according to people familiar with the matter. The potential mechanism would only allow shipments of Russian c…
Russian President says if the European Union imposes an oil embargo, Europe will buy energy at the most expensive price and economic activity in Europe will weaken. Rosneft needs to change its business model. Russia will help facilitate settlement an…
Russian president demanded that exports of Russian gas to "unfriendly" countries be settled in rubles. The demand has raised concerns in Germany about possible supply disruptions and the impact on industry and households if utilities do not pay in ro…
Recently, on Sinopec's annual results teleconference, the company representative answered questions about the oil prices, and said that the future trend of oil prices is still very uncertain, and it is expected to be around $100 this year and $85 nex…