Tag: Oil prices
Russia cuts oil production, Saudi Arabia extends cuts
Oil production in Russia A deep pump is located near the town of Usinsk, 1,500 kilometers north-east of Moscow. (Photo: dpa) Saudi Arabia extends its unilateral oil production cut by…
Russia cuts oil production, Saudi Arabia extends cuts
Oil production in Russia A deep pump is located near the town of Usinsk, 1,500 kilometers north-east of Moscow. (Photo: dpa) To support oil prices, Russia will cut oil exports…
Exxon Mobil makes record profit of $55.7 billion
Exxon Mobile The US group was also able to significantly increase sales. (Photo: AP) irving Thanks to soaring oil prices, Exxon Mobil earned more than ever last year. The largest…
OIL embargo – warning of unwanted side effects
oil tanker Oil entering the EU by sea is subject to sanctions. Pipeline oil, on the other hand, is exempt from the ban. (Photo: dpa) Zurich, Brussels After weeks of…
Olaf Scholz defeats the “Scholzomat” – Handelsblatt Morning Briefing
if you want to call Olaf Scholz’s grin “smurfy”, as CSU comics connoisseur Markus Söder did a year ago, then “Schlumpfhausen” was a long way away from “Anne Will” yesterday.…
He who has the raw materials has power – Handelsblatt Morning Briefing
Wars usually also have to do with raw materials, and those who dream of a new world order will find their weapon to change the situation here. In the case…
Warning of financial crisis of global commodity trading
Oil refinery in Brandenburg Traders earn a lot of money if they have bought gas and oil at lower prices and can now resell their quantities with significant profits. At…
Economic war against Russia: crash course for Germany
Berlin “There are decades when nothing happens at all; and there are weeks when so much happens as otherwise only in decades.” Even this old quote from Lenin from the…
Putin is driving commodity prices higher
Gas pipeline in Poland Concerns about a shortage of gas, oil and wheat from Russia are growing. (Photo: dpa) Zurich Russia’s decision to move troops to eastern Ukraine caused price…
Commodities: Oil prices rise towards multi-year highs
Oil prices are rising. The trigger is the high demand with a simultaneous shortage of energy – according to the IEA, the gas crisis is also spreading to the oil…
Washington and the Strategic Oil Reserve – Handelsblatt Morning Briefing
the persistently high oil price gives the United States the idea of a rare self-defense measure. The Washington government is discussing tapping into the country’s strategic oil reserve. The depots…