Russia’s oil producers reduced the pace of drilling in 2025 to the lowest level in three years, dimming the outlook for output growth this year as Western sanctions and a strong ruble undercut revenue ...
For decades, the oil-rich nations of the Middle East have amassed tremendous amounts of money—more than anyone could possibly spend. Much of it was funneled into sovereign wealth funds, strategic ...
A repayment on 25% of principal is due in October — a large cash sum for a company that Moody’s Ratings recently described as having a “constrained” liquidity position. Macroeconomic headwinds and a ...
David Fickling is a Bloomberg Opinion columnist covering climate change and energy. Previously, he worked for Bloomberg News, the Wall Street Journal and the Financial Times. You know that horror ...
Russia’s oil-export revenues in April fell to the lowest in nearly two years as global crude prices declined amid sluggish demand, according to the International Energy Agency. The nation earned $13.2 ...
The Russian government’s oil revenues collapsed to the lowest in more than five years in January as weaker global prices, steeper discounts for the nation’s barrels, and a stronger currency took a ...
Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources.” “Drill, baby, drill ...
Palm oil rebounded from a one-week low on a weaker Malaysian currency and expectations of lower production in the second-biggest grower in September. Output trend in Malaysia has been lower this month ...
Nigeria’s huge Dangote oil refinery has been buying a lot less crude lately amid operational setbacks, something analysts say could persist into next year and keep supporting gasoline prices. Dangote ...