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Bitcoin Sinks As Crypto Companies Grapple With SEC Lawsuits

The U.S. Securities and Exchange Commission (SEC) is suing crypto exchange Coinbase for operating as an unlicensed broker since 2019, a day after filing a similar suit against Binance.

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Chinese Steel Prices Fall To Three-Year Low

Chinese steel prices have unexpectedly fallen to a three-year low, impacting the global steel market, particularly in countries like India.

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Saudi Arabia Raises Arab Light Prices For Asia

Saudi Arabia has raised the official selling price (OSP) for Arab light for Asia by $0.45/bbl m/m to $3.00/bbl for July, following the June 4 announcement that OPEC+ would extend production cuts until 2024

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Russia Sees Oil & Gas Tax Revenue Shed 36% In May

Lower crude oil prices, Western sanctions and European push for energy independence combined to shave 36% off Russia’s oil and gas tax collection for last month, compared to a year ago

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Despite Soaring Inflation, EU Says Won t Extend Emergency Energy Measures

Emergency energy price measures implemented by the European Union in 2022 will not be extended further, the European Commission said on Monday

United statesUnited kingdomSaudi arabiaSouth africaCarbon energyIndonesia mining and battery industriesOil sands major toConsortium toOil as saudi arabia cuts productionChina service sector activitySaudi arabia could cut oil pricesEu says wont extend emergency energyMajor climate alliance proposes guidelinesFunding paramilitary groupBuffett boosts occidental petroleum stakeGas leak forces equinor to shut major

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