Russia may ship greater volumes of a key oil product to Asia, Bloomberg reported on Wednesday, citing the energy consultancy FGE. The consultancy’s global head of natural gas liquids, Armaan Ashraf, told the outlet that more Russian-made naphtha fuel, which is primarily used to make plastics, will likely head to hubs such as Singapore and…
Russia is planning to resume local bond sales after a six-month pause, Bloomberg reported on Wednesday. The Kremlin also reportedly wants Chinese yuan-denominated debt to help the recovery of the Russian market.
European prices for natural gas prices fell to their lowest level since April on Monday after Germany announced that it is filling up gas storages more quickly than planned ahead of the winter season.