Sunday , 8 February 2026

Recent Posts

Russian oil output nears all-time high

Bloomberg Russian oil production moved closer to an all-time high before the nation meets with OPEC partners to discuss future supply. The country’s crude and condensate output averaged 11.412 million barrels a day last month, according to data from the Energy Ministry’s CDU-TEK unit released. Th-at’s about 160,000 barrels a day more than two years ago, before Russia agreed to …

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Economy risks returning to sync, this time to downside

Bloomberg The world’s major economies that entered 2018 accelerating in sync risk entering 2019 decelerating in sync. The shift is being led by China, where the economy’s weakest performance since 2009 is set to worsen unless a peace can be struck in the trade war with the US. Factory readings from Asia already show a fallout, with Taiwan, Thailand and …

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China’s yuan rallies, hits biggest gain in10 years

Bloomberg From the lowest in a decade to the biggest two-day gain — in the same timespan. It’s been a wild ride this week for China’s yuan, whipsawed as concern about a slowdown in the world’s second-biggest economy gave way to optimism that trade tension with the US may ease. The onshore currency closed last week at 6.8870 per dollar, …

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