Crude awakening: oil price rallies against backdrop of energy company earnings this week
Oil prices rose this week as tightening supply conditions and ongoing tensions in the Middle East contributed to push prices higher.
Oil prices rose this week as tightening supply conditions and ongoing tensions in the Middle East contributed to push prices higher.
Major Russian grain exporter TD Rif has accused Moscow of trying to control and inflate export prices, another escalation in a dispute between the government and one of the country’s biggest wheat traders.
Mauritius Telecom, the Indian Ocean island nation’s telecommunications operator, said internet and television services are back to normal after a “technical problem” with an undersea cable.
Mexico’s state oil giant posted a slight profit in the first quarter as production slipped, with government support helping to prop up the debt-saddled company.
Russian forces pressed forward in eastern Ukraine and in some areas accelerated their advance as Kyiv’s depleted forces await badly needed US weaponry, according to US and UK officials.
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