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ThinkstockThe U.S. Department of Energy (DOE) issued a notice of sale on Wednesday for 5 million barrels of sour crude from the nation’s Strategic Petroleum Reserve (SPR). Interested buyers have...
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After sliding as much as 1% on Monday, equity futures are pointing to a comeback on Tuesday following the news that Russian President Vladimir Putin has ordered troops in western Russia to return...
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ThinkstockBefore getting too excited about the end of tensions, one must understand that the Russian ambitions in Crimea and the Ukraine will not likely disappear overnight. Still, world markets...
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ThinkstockOil and gold were not the only commodities to trade at higher prices Monday. Agricultural commodities, too, are getting even bigger boosts from the troubles in Ukraine. During the Soviet...
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ThinkstockU.S. trade with Russia amounted around $33 billion in 2013, down from around $40 billion the year before. Russia had a tough year and, the Winter Olympic Games notwithstanding, 2014 is...
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ThinkstockThe military actions in the Ukraine are costing Russia big time. Vladimir Putin received approval internally to use military action, but the men who approved the action may have cost...
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Wikimedia CommonsBitcoin has been facing its own identity crisis of late, and its future is back to looking very uncertain. After MtGox suspended withdrawals and after widespread reports of Bitcoin...
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ThinkstockMore than two years ago the Russian government announced that it would sell 20% to 25% of its state-owned diamond mining company, Alrosa, in an initial public offering (IPO). Originally the...
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Courtesy RosneftRussian oil giant Rosneft wants in on the country’s natural gas business, which is controlled by the country’s other energy giant, natural gas producer Gazprom. Exxon Mobil Corp....
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ThinkstockPotash and fertilizer stocks found their shares murdered over the summer after Russian potash producer OAO Uralkali announced that it was ending its marketing ventures in a cartel...
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Google Inc. (NASDAQ: GOOG) has trouble in some of the largest markets overseas. As its share price rockets to more than $900 and reaches all-time highs, investors anticipate that its advertising...
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ThinkstockGold prices may have just plummeted by double-digits — the biggest percent sell-off in four decades — but some of the world’s central banks are still buying up large amounts of the...
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courtesy of BP plc The long saga of BP PLC (NYSE: BP) and its operations in Russia is just about wind up. The U.K. firm today closed the sale of its 50% stake in TNK-BP to Russia’s Rosneft in...
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The lower house of Russia’s parliament has approved the country’s entry into the World Trade Organization (WTO) in a process that began nearly 20 years ago. The bill still requires the approval...
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Based on early geological studies, Poland was believed to be sitting on about 187 trillion cubic feet of natural gas locked up in the same kinds of shale formations that have yielded up massive...
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