Tag: Russia

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Oil rises on demand hopes as banking fears ease

Oil prices firmed on Friday as a meeting between Saudi Arabia and Russia calmed markets and after support measures stabilised a banking crisis that...

Governments’ energy-related support to hit $1.65 trillion by year end – S&P Global

The amount of money spent by governments subsidising energy costs since Russia's invasion of Ukraine is set to reach $1.65 trillion by the end...

Oil extends declines on rate hike concerns

Oil prices fell for a second straight session on Wednesday, driven by fears that more aggressive U.S. interest rate hikes would hit demand, while...

Russia says it is considering a challenge to US nominee to head World Bank

Russia is consulting with its allies about challenging the U.S. nominee to head the World Bank, Moscow's top representative at the bank said on...

Oil steady as supply worries offset China demand uncertainty

Oil prices were little changed on Tuesday, after rising for the past five sessions, as concerns about limited spare capacity in the market and...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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