Page 45 - Rian Evans News Today

Russia's oil production declined 9% in April but has since found renewed life as the Kremlin seeks alternative buyers like India and China.

Average gas prices hit a fresh all-time high Wednesday, according to AAA. Drivers in the US are paying $4.95 per gallon on average.

"I wouldn't exclude the rationing of natural gas in Europe, starting from the large industry facilities," Faith Birol told the Financial Times.

Mike Novogratz thinks most crypto hedge funds will fail as market turbulence sparked by the end of easy monetary policy continues.

Cryptocurrency funds saw weekly average inflows of $66.5 million in May, compared to a weekly average outflows of $49.6 million in April.

"If we see very high energy prices for a period of time we will eventually see demand destruction," said Jeremy Weir.

Telsa stock popped Monday as Elon Musk's lawyers filed a letter claiming Twitter had breached the terms of their deal, hinting Musk could walk away.

Binance processed billions in illicit transactions since 2017, according to a report from Reuters. A spokesperson for the exchange refuted the claims.

"I could also see a scenario where we're going to be muddling along for the next year or two right along this level," Fink said.

Russia may fade as a major player in OPEC+, a top energy analyst told CNBC. Sanctions are squeezing the Kremlin as a leading oil exporter.