Oil prices rise amid G7 talks on new Russian sanctions

Crude oil storage tanks at Kinder Morgan Terminal in Sherwood Park, near Edmonton, Alberta, Canada, November 14, 2016. REUTERS/Chris Hellgren Register now to get free unlimited access to Reuters.com Register HOUSTON (Reuters) – Oil prices rose on Monday in a volatile session as investors awaited any moves against Russia’s oil and gas exports that might … Read more

G7 lifts sanctions on Russia, approaches oil price ceiling agreement

G7 announces new sanctions on Russia on Tuesday – US official G7 to work with other countries, the private sector on oil price ceiling Japan tries to lower zero-emission vehicle target from G7 statement Schloss Elmau, Germany, June 27 (Reuters) – The Group of Seven rich democracies will commit on Tuesday to a new, coordinated … Read more

Russian forces set their sights on Lyschansk in the battle for eastern Ukraine

Ukraine needs a modern air defense system – Zelensky The United States announces a missile defense system for Ukraine – source Russian missiles hit Kyiv for the first time in weeks Biden condemns Kyiv attack, describing it as a “barbaric” act Kyiv/POKROVSK, Ukraine (Reuters) – Russian forces were battling on Monday for Lyschansk, the last … Read more

Sievierodonetsk falls into the hands of Russia after one of the bloodiest battles of the war

The capture of Sievierodonetsk is a huge gain for Russia Ukraine says it is carrying out a ‘tactical withdrawal’ Dozens of missiles hit Ukrainian military bases Kyiv/POKROVSK, Ukraine (Reuters) – Russian forces have fully occupied the eastern Ukrainian city of Severodonetsk on Saturday, both sides said, underlining the biggest setback on the Kyiv battlefield in … Read more

Ukrainians prepare to withdraw from the besieged city of Severodonetsk as Russians advance slowly

Ukraine’s EU candidacy will strengthen Europe – Zelensky Ukrainian forces take new positions in Severodonetsk Russia bombs targets across the Donbass River The war marks four months since the invasion Kyiv (Reuters) – Ukraine on Friday signaled the withdrawal of its forces from the city of Severodonetsk, which has seen weeks of fierce fighting, in … Read more

US meets with refineries on high pump prices; No plan yet – sources

US Energy Secretary Jennifer Granholm has expressed interest in a possible lifting of smog-fighting gasoline rules to combat high pump prices and backed away from a plan to ban fuel exports during a wide-ranging meeting with refiners, two industry sources said. Thursday. With tensions rising between US President Joe Biden and Big Oil, the two … Read more

Saudi Crown Prince, Erdogan meets in Turkey with full normalization on the horizon

Ankara halts Khashoggi’s trial to cement ties An official says talks are going slowly over a potential foreign exchange swap line Erdogan faces tough elections with economic tension ANKARA (Reuters) – Saudi Crown Prince Mohammed bin Salman arrived in Turkey for the first time in years on Wednesday for talks with President Recep Tayyip Erdogan … Read more

China’s oil imports from Russia may rise to a record high, overtaking Saudi Arabia’s largest oil supplier

Oil and gas tanks at an oil depot in the port of Zhuhai, China, October 22, 2018. (Reuters) / Ali Song Register now to get free unlimited access to Reuters.com Register Russia overtakes Saudi Arabia as the largest supplier after a gap of 19 months Russia imports nearly two million barrels per day in May … Read more

EU expected to support Ukraine’s membership application as war brings major transformation

Schultz says Ukraine “belongs to the European family” “Europe can create a new history of freedom,” says Zelensky. Kyiv/BRUSSELS (Reuters) – The European Union’s executive commission was expected to give its blessing on Friday to placing a candidate for membership in Ukraine and two other former Soviet Union states in a historic eastward shift in … Read more

European leaders visit Ukraine, pin their hopes on EU membership

Zelensky thanks EU leaders for solidarity visit Commanders roam the devastated city of Irbin Fighting rages in Severodonetsk and southern Ukraine Kyiv/IRBIN, Ukraine (Reuters) – The leaders of Germany, France and Italy, all of whom Kyiv has criticized in the past for their support it has deemed too cautious, visited Ukraine on Thursday and offered … Read more