Should you buy or sell WTI oil after the EU’s partial ban on Russian imports?

At the start of the trading week, the European leaders agreed to pursue a partial embargo on Russian oil. Since Russia invaded Ukraine in February this year, everything changed in the way Europe is do...

Oil Prices Rise After EU Announces Partial Ban On Russian Imports

Topline Global crude oil prices rose on Tuesday after the European Union unveiled its latest set of sanctions against Russia, which include an immediate ban on two-thirds of all Russian oil imports by...

U.S. Handgun Imports Topped $1 Billion For First Time In 2021

Handgun imports have surged in recent years, with the imports in March the last two years up … [+] sharply, according to the latest data from the U.S. Census Bureau. ustradenumbers.com For the f...

In 2011, Venezuela Was No. 4 For U.S. Oil Imports; In 2021, It Was Russia

Venezuelan President Nicolas Maduro called a demonstration in the summer of 2019, complete with a … [+] hand-held sign in English, after former U.S. President Donald Trump imposed an economic em...

Europe Looks To African Gas To Reduce Dependence On Russian Imports

Africa is conservatively forecast to reach peak gas production at 470 billion cubic meters (Bcm) by the late 2030s, equivalent to about 75% of the expected amount of gas produced by Russia in 2022, ac...

U.S. to boost baby formula imports to ease shortage after Abbott Nutrition recall

Baby formula is offered for sale at a big box store on January 13, 2022 in Chicago, Illinois. Scott Olson | Getty Images The U.S. will increase baby formula imports as part of an effort to ease a nati...

China’s imports from Russia surge to new high, defying US calls to cut ties over Ukraine war

China’s monthly imports of Russian products including energy hit a record high in April, with Beijing defying mounting Western pressure to distance itself from Moscow following its decision to i...

What Is Each State’s Most Common Import And Export?

Los Angeles CA – Thousands of containers are unloaded from a ship at the Ports of Los Angeles and … [+] Long Beach. (Allen J. Schaben / Los Angeles Times via Getty Images) Los Angeles Time...

-1.4% GDP Just Reminds Us of the Abject Stupidity of GDP

“Macroeconomics is a tautology and a myth, a dangerous one at that, sustaining the illusion that prosperity is necessarily linked with territory, national units, and government spending in general.” –...

Can We Feed The Clean Energy Beast With Raw Materials Using Fewer Imports?

SOROWAKO, SOUTH SULAWESI, INDONESIA – 2019/03/28: Nickel ore seen being processed at the PT Vale … [+] Indonesia plant. Nickel mining by the PT Vale Indonesia, a nickel plant in Soroako, S...

Sorry, China. Most Americans Support Higher Prices On Your Imports.

China is the source of most goods sold in shopping malls across America. It is the country’s biggest … [+] trade deficit, mostly thanks to the decisions of American corporations and Congre...

Russian Vodka Imports Into U.S. Are Almost At Asterisk Level

The liquor category, which includes tequila as well as vodka, gun, rum and whiskey, is having a … [+] record year for imports into the United States in 2021, according to U.S. Census Bureau data...

Chinese semiconductor imports fall as self-sufficiency drive shapes up

China’s imports of integrated circuits (ICs) shrank 9.6 per cent in volume in the first quarter from a year ago, according to Chinese customs data, marking a sharp retreat from the 33.6 per cent...

U.S. Imports, Exports Jump 20% To Shatter 2021 Records

The price of a barrel of oil is a major factor in record overall export and imports thus far in … [+] 2022. AFP via Getty Images U.S. trade is up more than 20% over the 2021 record pace, accordi...

Russia Plans To Allow Imports Of Gray Goods To Ease Supply Chain Concerns

Topline Russia on Wednesday said it will allow imports of goods without trademark owners’ permission following the imposition of punishing economic sanctions on the country – and the withdrawal of man...

Crude oil price outlook as EU weigh on banning Russian imports

Crude oil price remains on an uptrend as the market continues to react to geopolitical tensions in eastern Europe. The attack on Saudi Arabia oil facilities has also heightened concerns over the commo...

The US Bans Russian Energy Imports – Symbolically

A man rides a bicycle in front of a damaged by shelling apartment building in Mariupol, Ukraine, … [+] Wednesday, March 9, 2022. A Russian attack has severely damaged a maternity hospital in the...

U.S. Bans Russian Oil And Gas Imports

Russia has continued to receive Sanctions from the west since it declared war on Ukraine. In one of the latest sanctions, President Joe Biden announced that the United States has banned Russian oil, g...

Biden Just Banned Russia Oil Imports. Here’s How The United States Replaces That Supply.

The United States has banned imports of Russian oil and liquefied natural gas in a move designed to reduce domestic reliance on volatile foreign fossil fuels and undercut an enormous source of revenue...

Oil Stocks Climbed Higher As Oil Prices Soared On An Expected Ban Of Russian Crude Imports

The Biden Administration announced a U.S. ban on imports of Russian oil Tuesday, as economic sanctions snipped more Kremlin links to the global economy. Oil stocks climbed to recent highs. Oil prices ...

Bipartisan bill: Lock down Russia’s gold reserves, U.S. may stop oil imports

Sanctions against the Russian Federation are hitting hard on the Russian nation and its businesses, financial- and payment systems, and citizens alike. More and more nations and institutions are linin...

The U.S. Will Ban Imports of Russian Oil. What Exactly Does That Mean?

Oil prices spiked to their highest levels since 2008 on Tuesday after the U.S. announced it would ban imports of Russian oil. “Today I’m announcing the United States is targeting the main artery of Ru...

Biden Bans Russian Oil, Gas, Energy Imports – Trustnodes

US president Joe Biden has just announced all Russian energy imports to the United States, including oil and gas, have been banned. “We will not be part of subsidizing Putin’s war,” Biden said in a te...

Crude oil jumps on report U.S. to ban Russian oil imports

A man pumps gas into his vehicle at a petrol station in Montebello, California on February 23, 2022, as gas prices hit over $6 dollars per gallon. Frederic J. Brown | AFP | Getty Images Oil prices jum...

Commentary: Bitfinex Trading Team On Bitcoin Bearish Trends Amidst U.S. Talk Of Banning Russian Oil Imports

On March 1st, after Russia attacked Ukraine and sanctions were levied on the country, Bitcoin witnessed a spike in its price reaching $45,000. However, now the price of the flagship currency is showin...

Oil Tanker Stocks Extend Rally Despite U.S. Talks Of Banning Oil Imports From Russia

Oil tanker stocks like Euronav, Frontline and International Seaways have all surged more than 20% this year. Getty While Russia’s oil exports are crashing and Secretary of State Antony Blinken said ov...

European stocks pounded as oil spikes on possible ban on Russian imports

European stocks careened lower on Monday on the threat of further sanctions against commodities production giant Russia over its invasion of Ukraine. The Stoxx Europe 600 SXXP, -2.63% slumped nearly 4...

U.S. stock futures sink Sunday as U.S. and its allies consider ban on Russian oil imports

U.S. stock-index futures fell sharply after trading began late Sunday, as investors remain rattled by the ongoing war in Ukraine. Dow Jones Industrial Average futures YM00, -0.95% slid more than 300 p...

White House Weighs Ban on Russian Oil Imports as Congress Fumes

(Bloomberg) — The Biden administration is weighing a ban on U.S. imports of Russian crude oil as Congress races toward passing such a restriction to punish the Kremlin for its invasion of Ukrain...

Percent Of U.S. Oil Imports From Russia Highest In Decades — At 3.5%

President Vladimir Putin’s Russia is a large exporter of oil to the world, but not the United … [+] States. Getty Images Some members of the U.S. Congress suggested Thursday that the Unite...

EU Approves ‘Massive’ Sanctions On Russian Banks And Imports Following Ukraine Invasion

Topline The European Union agreed early Friday morning to impose sweeping sanctions on Russia’s banks and energy industry, the latest Western sanctions levied on Russia following its invasion of Ukrai...

U.S. government allows Mexican avocado imports to resume after brief suspension

Mexican avocados are seen for sale at a market in Mexico City on February 15, 2022. Pedro Pardo | AFP | Getty Images The U.S. Department of Agriculture announced Friday that imports of Mexican avocado...