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Oil rises from 3-week low as supply concerns linger | Hellenic Shipping News Worldwide

Oil prices rose on Thursday from a three-week low touched in the previous session after consuming nations announced a huge release of oil from emergency reserves, as worries over tight supplies still clouded the market outlook. Brent crude futures climbed $1.05 or 1.%, to $102.12 a barrel at 0921 GMT, while U.S. West Texas Intermediate ...
United States Kim Coghill Sonali Paul Muyu Xu International Energy Agency China National Petroleum Corp

Global bond sales to cross $10 trillion in 2022 -S&P | Hellenic Shipping News Worldwide

Global sovereign borrowing will reach $10.4 trillion in 2022, nearly a third above the average before the coronavirus pandemic, S&P Global Ratings said in a report. Despite an economic recovery, borrowing will stay elevated because of high debt rollover requirements and war in Ukraine, the ratings agency said in an annual note. While 137 countries ...
Saudi Arabia Saikat Chatterjee Danilo Masoni Clarence Fernandez Marc Jones Middle East

U.S. does not want 'rapid acceleration' in Indian energy imports from Russia | Hellenic Shipping News Worldwide

The United States will not set any โ€œred lineโ€ for India on its energy imports from Russia but does not want to see a โ€œrapid accelerationโ€ in purchases, a top U.S. official said on Thursday during a visit to New Delhi. Lured by steep discounts following Western sanctions on Russian entities, India has bought at ...
United States New Delhi William Maclean Sanjeev Miglani Nidhi Verma Jane Merriman

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