The global oil market points to short-term weakness ahead of the EU embargo on Russian oil

NEW YORK (Reuters) – The global oil market is signaling a possible turnaround, as traders and analysts worry about lower demand for crude and an oversupply market in the coming months. After months of strength, crude oil futures are tipping to lows not seen all year as top oil consumer China enters additional COVID-19 lockdowns … Read more

Ukraine’s Kherson races to restore energy and water after Russia’s withdrawal

The main infrastructure in Kherson was mined by the Russian ruler The humanitarian situation in Kherson is “extremely difficult” – official The authorities are working to restore vital services Joy mixes with concerns about water and energy for Kherson residents Fighting rages in Donetsk and eastern Luhansk regions Kherson, Ukraine (Reuters) – Public utilities companies … Read more