You have searched for "Russia"
Showing 1-10 of 5247
An unexpected demand boost for dirty fuel oil is poised to ease with the return of some Opec+ crude supply from this month.
TYPICALLY a boon for emerging markets (EM), this year’s plunge in the US dollar may fail to boost the developing world’s prospects as the raging pandemic hits economic activity, increases poverty and exposes weak policymaking.
LONDON: BP cut its dividend for the first time in a decade after a record US$6.7bil second-quarter loss, when the coronavirus crisis hammered fuel demand, and it sought to win over investors by speeding up its reinvention as a lower carbon company.
TOKYO/WASHINGTON: Asian shares rose on Tuesday after strong U.S. manufacturing data and gains in tech stocks helped investors look past broader worries about the coronavirus and global economy.
NEW YORK: Oil prices were up more than 1% on Monday on positive economic data from the United States, Europe and Asia, but investors remained concerned about rising COVID-19 cases globally and oversupply as OPEC begins to lift supply cuts.
SINGAPORE: Oil edged below US$40 a barrel in New York as Opec and allied producers started supplying more crude to a global market where many countries are still struggling to contain the coronavirus.
MANILA: Remittances across the world could decline by US$108.6bil this year as job losses mount and employers trim payrolls amid a Covid-19 pandemic that has devastated economies, according to a report by the Asian Development Bank.
TOKYO: Oil prices fell on Monday on oversupply worries as Opec and its allies are set to wind back output cuts in August and a rise in worldwide COVID-19 cases points to a slower pick-up in demand.
BENGALURU: Gold prices surged to an all-time high on Monday as fears about the economic fallout from rising COVID-19 cases boosted demand for the safe-haven metal, although gains were capped by an uptick in the U.S. dollar.