Energy major Gazprom says it will continue to exceed daily contractual obligations Russia’s energy major Gazprom set a new record on Monday for daily gas deliveries to China through the Power of Siberia mega pipeline, the company has announced.

Goldman Sachs analysts expect global prices for crude to soar to $140 per barrel as soon as this summer, as a decline in Russian production, along with a gradual recovery in China’s demand, is expected to add to pressure on what are already low supplies.

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