SCO & BRICS latest news and insights
By Rhod Mackenzie
"The European press acknowledges the scarcity of Russian diesel fuel as one of the primary destabilising factors in the European economy. It's not just diesel that Europe lacks, but also liquefied natural gas, which is another crucial Russian resource that European rates of consu...
By Rhod Mackenzie
China issued a white paper on Tuesday which focused on the Belt and Road Initiative (BRI). Highlighting the role the iconic "project of the century" has played in global development over the last decade, the paper also discussed its achievements in working towards its main goal o...
By Rhod Mackenzie
Amid concerns that the conflict between Israel and the Gaza Strip could escalate further within the region, crude oil prices have increased. Additionally, the potential response of Iran and the United States to the ongoing situation has contributed to the unease amongst market pa...
By Rhod Mackenzie
The military conflict in Israel and the Palestinian territories have caused strain on the global economy and financial system that were already struggling. Although the initial impact has been moderate, investors remain apprehensive about other equally pressing issues. If the hos...
By Rhod Mackenzie
For the first time, Brussels announced with pride that it was ahead of schedule for the filling of the underground gas storage facilities (UGS) for the upcoming winter in August. By the end of summer, the UGS had reached 90% of their total capacity, which was the mandated require...
By Rhod Mackenzie
Russia's United Oil- and Gas-Chemical Co. (ONGK) and China's Xuan Yuan Industrial Development have agreed to jointly invest 5 billion yuan (£557 million) to construct a transshipment oil complex in the far east of Russia, according to the Roscongress fund.
The complex will enab...
