Post-energy crisis hedging enthusiasm is prompting Goldman Sachs Group to launch plans for a Tokyo desk to trade Japanese power derivatives as trading volumes for Japanese power futures on the European Energy Exchange are set to soar by up to 3X
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.
June prices for Russian flagship Urals crude via the Druzhba pipeline through Ukraine are set to jump by 16% over May’s prices due to European refiners’ concerns of transit disruptions following the collapse of a major Ukrainian dam
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