RECENT NEWS
IMF chief says world economy faces multiple risks despite resilience:
The world economy faces risks from stubborn inflation, higher debt service cost and artificial intelligence (AI) investment though it has proven to be more resilient than many feared, according to Kristalina Georgieva, managing director of the International Monetary...
European gas slides; ECB warns of quicker inflation impact:
European and British wholesale natural gas prices extended their downward march on Monday, dropping over 2% as growing evidence of maritime tankers securing alternative bypass routes around Persian Gulf choke points helped deflate extreme energy risk premia. The...
Russian refining sector struggles amid intensifying Ukrainian attacks:
Ukraine has stepped up drone strikes on Russian refineries this year With 32 major refineries and roughly 6.5 million barrels per day (mb/d) of installed refining capacity, Russia has historically been the world’s third-largest producer of refined oil products, after...
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