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Posted 07/10/2022

Moody’s Expects ‘Credit Suisse’ to Suffer $3 Billion Losses in 2022

Global rating agency Moody’s Investors Service expected Credit Suisse to record $3 billion of...

Posted 07/10/2022

Fed Officials Say U.S. Needs More Rate Hikes to Cool Inflation

U.S. interest rates will need to be raised further, Federal Reserve Governor Lisa Cook...

Posted 05/10/2022

OPEC+ Delivers Two-Million-Barrels Cut to Shore Up Crude Oil Markets

The Organization of the Petroleum Exporting Countries and its allies known as OPEC+ agreed...

Posted 05/10/2022

EU Agrees to Impose Price Cap on Russian Oil

The 27 member states of the European Union agreed on Wednesday to impose a...

Posted 05/10/2022

OPEC Plus’ Output Cutting Will Lead to Higher Prices, yet, Biden’s Declining Popularity

The Organization of the Petroleum Exporting Countries and its allies known as OPEC+ is...

Posted 05/10/2022

Gazprom to Resume Gas Delivery to Italy

Russian-state owned energy firm Gazprom announced on Wednesday that gas exports via Austria will...

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