Showing results for "Obsidian Energy"
economics
Russia’s War Mobilization Starves Its Crucial Oil and Gas Industry of ManpowerRussia’s oil and gas industry has been crucial for bankrolling the invasion of Ukraine, giving the Kremlin the funds to keep fighting even as the conflict drags on through its third year. But the industry is facing a shortage of manpower as the full mobilization of Russia’s economy for war exacerbates a longstanding demographic crunch.May 6, 2024
economics
ECB Rate Cuts: Lane Says He’s More Certain Inflation Is Returning to GoalEuropean Central Bank Chief Economist Philip Lane said recent euro-area data have made him more certain that inflation is returning to the 2% goal, raising the likelihood of a first interest-rate cut in June.May 5, 2024
markets
Five Key Charts to Watch in Global Commodity Markets This WeekBHP Group Ltd. is pulling out the stops to gain support for a proposed tie-up with rival Anglo American Plc, but calculating the true value of the megadeal can be a bit tricky. US natural gas prices have snapped a losing streak. And wheat traders will be watching for the latest US Department of Agriculture estimates on crops, with the grain being of particular interest as North America’s growing season begins.May 5, 2024