Articles
Ban on Russian imports would be 'catastrophic' for global market and could force prices to surge to more than $300 a barrel, Deputy Prime Minister Alexander Novak says
Crude rallies to above $130 a barrel as Washington and its European allies consider enhancing their sanctions against Moscow for its military offensive in Ukraine
Outlook on country's ratings is negative and decision is due to rise in default risk
The lender will bring Ukraine's request for emergency financing of $1.4bn to its board for consideration as early as next week
Agency said latest cut was a result of G7 government restrictions imposed on the country in response to its military offensive in Ukraine
Crude rallied even as Opec+ stuck with its plans to increase production levels by 400,000 barrels a day in April
Russia has eurobond coupon payments of $117 million due on March 16, which if it fails to make or is delayed in paying may lead to further changes to its ratings
Rating action reflects the negative implications for Russia's credit profile as sanctions are imposed, rating agency says
The 23-member alliance of oil producers will convene on Wednesday to discuss bringing additional crude supplies to the market
US energy giant will not invest in new developments in Russia
Moscow stock exchange remains closed for trading on Tuesday
The French energy giant will no longer provide capital for new projects in Russia
Currency sinks following the targeting of some of Moscow's lenders that have been disconnected from the Swift payments network
Crude prices weakened after various punitive measures announced by the US and its European allies against Moscow fell short of targeting its energy industry
Gold, a hedge against inflationary pressures and a safe haven for investors, retreated to $1,910.58 an ounce
