Month: April 2022

Reuters reported exclusively that Venezuela’s state-run energy firm PDVSA is in talks to buy and lease several oil tankers amid a possible expansion in exports, in a sign the country expects U.S. sanctions on its petroleum sector to be eased. Russia’s invasion of Ukraine has set off a global hunt for new oil supplies, especially the heavy […]

Reuters revealed more than 20,000 bankers, traders and other workers are bedding down in office towers in Shanghai’s Lujiazui district as they bid to keep China’s giant financial hub ticking over through a COVID-19 lockdown. Brokerages, asset managers and financial exchanges in Lujiazui rushed to summon key personnel to offices ahead of Monday’s lockdown in Shanghai, and […]