Germany has warned that possible price caps for Russian oil are far from imminent – sources
The industrial facilities of PCK Oil Refinery are pictured in Schwedt/Oder. A company receives crude oil from Russia through Germany's 'Friendship' pipeline, May 9, 2022....
Exclusive Algeria’s Sonatrak sets out new formulas for European buyers to increase gas prices – sources
View of the state-owned energy company Sonatrach's headquarters in Algeria, Algeria, on November 25, 2019. REUTERS / Ramzi BoudinaRegister now for free unlimited access to...
H&M will flag higher price increases, increase profits from lower discounts
Stockholm, June 29 (Reuters) - Budget Fashion Group H&M (HMb.ST) expects to increase prices this year, after lower-than-expected profit margins were announced on Wednesday.In the...
Oil prices breathe after a three-day rally
On March 7, 2022, a worker at a Brazilian oil company Petrobras gas station in Brazil, Brazil, was using a petrol pump. REUTERS / Adriano...
Inflation undermines US consumer confidence; Home prices continue to rise
The Consumer Confidence Index fell 4.5 points to 98.7 in JuneThe commodity trade deficit fell 2.2% to $ 104.3 billion in MayExports increase 1.2%; Imports...
G7 Talks with China, India on Russian Oil Price Limit Positive-Source
WASHINGTON, June 28 (Reuters) - A group of seven democracies has held positive and productive talks with China and India on a plan to limit...
The US is talking to India about Russia’s oil price limit, small customers next-up
A view of the gas wells at the Bovanenkovo gas field, owned by Gazprom in the Arctic Yamal Peninsula, Russia, on May 21, 2019. REUTERS...
Global crop problems indicate years of high food prices
June 28 (Reuters) - Eric Broughton planned to sow about 5,000 acres of corn this year on his farm in North Dakota, but sustained spring...
Factbox: The G7 seeks to curb Russian oil revenues through price restrictions
A sign depicting the G7 leaders' summit on June 27, 2022, at the Bavarian resort of Schloss Elmow Castle, near the Garmish-Partenkirchen, Germany. REUTERS /...
Ecuadorian local leaders say the gas price cut is not enough, with protests continuing
Quito, June 27 (Reuters) - Ecuadorian local firms said Monday that a 10% cut per gallon of gasoline and diesel prices announced by President Guillermo...