US sanctions on Russia cloud the outlook for the oil market

Bearish oil outlook retained – at least for now US sanctions on Russian oil producers, Rosneft and Lukoil, has led to more uncertainty over the supply outlook for the oil market. The announcement caught the market off guard, with speculators having become increasingly...
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China suspends port fees on US-linked ships for a year

China suspends port fees on US-linked ships for a year
China suspended for one year port fees levied on U.S.-linked vessels, its transport ministry said on Monday, after Washington announced a similar pause on punitive actions against China’s shipping and shipbuilding sectors. The reciprocated pauses were in line with...
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