Recent Posts

Russian market rout wipes $250b in value

  Bloomberg Russian assets nosedived as military attacks across Ukraine prompted emergency central bank action and investors braced for the toughest round of Western sanctions yet, wiping out more than $250 billion in stock market value. The ruble sank to a record low and stocks collapsed 45% — their biggest-ever retreat. Russian Eurobonds plummeted, pushing some into distressed territory. The ...

Read More »

Gold surges to 15-month high as attack on Ukraine boosts havens

  Bloomberg Gold surged to the highest since 2020 after Russian forces attacked targets across Ukraine, triggering the worst security crisis in Europe since World War II and crushing risk sentiment. President Vladimir Putin vowed to “demilitarise” Ukraine and replace its leaders, while the West threatened additional sanctions in response. US President Joe Biden announced he would impose “further consequences” ...

Read More »

Adnoc L&S inks charter deal for floating storage unit with AG&P

  Abu Dhabi / WAM Adnoc Logistics & Services (Adnoc L&S) and Atlantic Gulf & Pacific International Holdings (AG&P), a leading downstream LNG platform and infrastructure development company, have signed a charter agreement to utilise Adnoc L&S’s LNG Carrier Ish as a Floating Storage Facility (FSU). Under the agreement terms, starting Q3 2022, AG&P will use the carrier for the ...

Read More »
Send this to a friend