Because the US authorities tries to persuade Russia and Saudi Arabia to place an finish to the oil worth battle, it'd simply be too little, too late for the Trump Administration. ...

The worldwide financial slowdown has triggered oil costs to fall to the bottom since 2002, with Brent crude sliding greater than seven % on Monday to simply $ 22 a barrel. The business is going through its largest demand drop in historical past. ...

The worldwide financial downturn because of coronavirus and the breakup of OPEC+ has despatched the ruble tumbling, which might give Russia an sudden benefit within the oil worth battle. ...

The present turmoil on the worldwide oil market shouldn't be disastrous for Russia, Presidential Press Secretary Dmitry Peskov stated on Friday, noting the nation has a security cushion. ...

Costs of valuable metals are falling on lack of investor confidence that stimulus measures taken by the world’s central banks are sufficient to regular the markets. ...

Saudi Arabia’s state-run oil big Saudi Aramco has introduced a pointy drop in its 2019 revenue, falling nicely under expectations and coming every week after a reported oil dispute between Moscow and Riyadh despatched oil costs plunging. ...

World demand fears and a brand new provide disaster have triggered the sharpest decline in oil costs in a long time and US shale drillers may grow to be the primary sufferer. ...

With oil costs cratering worldwide, President Trump added an additional order to his checklist of govt responses to the coronavirus pandemic: purchase up crude oil and fill the US’ reserves to the brim. ...

Falling power costs might scale back India's inflation and decrease the price of its import payments, economists say. That would, in flip, assist slender the nation's commerce and present account deficits. ...

Russia’s major index on the Moscow Alternate plunged seven p.c after the lengthy weekend vacation on Tuesday. The RTS greenback index is down round 13 p.c at 1,100 factors. ...