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Russia dodges worst recession fears as oil eases sanctions pain

Retail sales are down about 10 percent, but the drop appears to have stabilized in a sector that accounts for…

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Business

Oil prices bounce back from Tuesday tumble as supply concerns return

Breadcrumb Trail Links PMN Business Author of the article: Reuters Arathy Somasekhar and Emily Chow Publishing date: Jul 05, 2022…

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Business

Norway government halts oil and gas strike

Norway’s government has intervened to end a strike by oil and gas workers that threatened to slash production at a…

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Business

Oil drops below US$100 a barrel for first time since early May

For the first time in nearly two months, crude oil prices have fallen below US$100 a barrel, reflecting investors’…

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Business

Oil tumbles as much as 10%, breaks below $100 as recession fears mount

Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul…

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Business

Stocks making the biggest moves midday: Oil stocks, Ford, Crocs and more

Check out the companies making headlines in midday trading. Ford Motor — Shares of the carmaker dropped nearly 3% and…

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Business

Oil falls as recession fears boost demand concerns

Breadcrumb Trail Links PMN Business Author of the article: Reuters Bozorgmehr Sharafedin Article content LONDON — Oil prices slipped on…

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Europe

Norway’s oil and gas output to be cut as offshore workers begin strike

Norwegian offshore workers began a strike on Tuesday in a stoppage that will cut oil and gas output in the…

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Business

Canadian oil and gas companies slash capital spending by more than half, BoC survey finds

Breadcrumb Trail Links Oil & Gas FP Energy Energy producers setting aside just 40% of cash flow for investment, down…

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Business

Asian shares mixed, oil steady ahead of July 4 holiday in US

BANGKOK — Shares were mixed in Asia on Monday while U.S. futures fell ahead of the July 4 holiday in…

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