EU mulls insurance ban for ships carrying Russian oil

EU officials have proposed a ban on insuring vessels carrying Russian oil, a move aimed at blocking Russia’s access to global oil markets and the revenue that has fueled his military invasion of Ukraine. “Indeed, that would be a very big obstacle to the export of Russian crude,” said Lars Barstad, managing director of First … Read more

EU mulls insurance ban for ships carrying Russian oil

EU officials have proposed a ban on insuring vessels carrying Russian oil, a move aimed at blocking Russia’s access to global oil markets and the revenue that has fueled his military invasion of Ukraine. “Indeed, that would be a very big obstacle to the export of Russian crude,” said Lars Barstad, managing director of First … Read more

EU mulls insurance ban for ships carrying Russian oil

EU officials have proposed a ban on insuring vessels carrying Russian oil, a move aimed at blocking Russia’s access to global oil markets and the revenue that has fueled his military invasion of Ukraine. “Indeed, that would be a very big obstacle to the export of Russian crude,” said Lars Barstad, managing director of First … Read more

US oil prices end below $100 a barrel as China’s COVID spread triggers fresh demand concerns

Oil futures fell sharply on Monday, with the US benchmark ending below $100 a barrel for the lowest level in two weeks, as concerns over the spread of COVID cases in China weigh on the outlook. of energy demand. This added to fears that Federal Reserve tightening could also weaken the outlook for the commodity. … Read more

US oil prices end below $100 a barrel as China’s COVID spread triggers fresh demand concerns

Oil futures fell sharply on Monday, with the US benchmark ending below $100 a barrel for the lowest level in two weeks, as concerns over the spread of COVID cases in China weigh on the outlook. of energy demand. This added to fears that Federal Reserve tightening could also weaken the outlook for the commodity. … Read more

The energy system benefits from Bitcoin mining

Illiteracy is a peril of the job for anyone working in the technology sector. New technologies tend to meet resistance until they are widely understood, and unfortunately policymakers and regulators are often guilty of the most egregious technological illiteracy – stopping innovation in its tracks for let them catch up. Every month there is another … Read more

The stock market is behaving much like it did during the war in Iraq. Here is the future if the pattern continues.

History does not repeat itself, but it rhymes. The 2003 Iraq War doesn’t have many parallels to Russia’s invasion of Ukraine, other than perhaps global unpopularity. But there seems to be at least one parallel – how stocks have performed, as this chart shows. Joachim Klement, strategist at Liberum Capital in London, said if stocks … Read more