U.S. stock futures steady early Monday as traders weigh prospect of more sanctions on Russia

U.S. stock index futures were little changed early Monday as traders weighed the prospect of further sanctions on Russia over the war in Ukraine. After the S&P 500 index posted a third straight we...

The Investor Who’s Sticking With Russia

Russian stocks crashed after Vladimir Putin waged war on Ukraine. That’s when David Amaryan started buying. Investors were dumping anything Russian, and the hedge-fund manager was happy to take the ot...

China’s Bet on Sending Its Exports Through Russia Hits Setback

Sanctions imposed on Russia are disrupting China’s ambitions to move more exports to Europe, a setback for the $4 trillion effort championed by Chinese leader Xi Jinping to cement his country as the w...

Dollar’s dominance could get diluted by sanctions against Russia, IMF official tells Financial Times

The dollar’s dominance within the international monetary system is at risk of undergoing a gradual “fragmentation” as a result of financial sanctions being imposed on Russia, Gita Gopinath, the Intern...

Kremlin demands rubles for gas, leaves currency loophole

Russian President Vladimir Putin issued a decree Thursday demanding payment for natural gas in rubles but appeared to temper the order by allowing dollar and euro payments through a designated bank, t...

Russia Built Parallel Payments System That Escaped Western Sanctions

Western sanctions have disrupted nearly every part of Russia’s financial system, but there is one big exception. The domestic-payments system continued to work smoothly after Visa Inc. and Mastercard ...

Opinion: Russia just made a case for owning gold—and nobody noticed

Here’s a strong argument for adding some gold bullion to your retirement portfolio right now, alongside those stocks and bonds. And it comes courtesy of Pavel Zavalny, the head of the Russian parliame...

How Russia’s Central Bank Engineered the Ruble’s Rebound

The ruble is in a central-bank-induced coma. While Russia’s currency can still see sharp swings in a day, it has trimmed its steep losses and begun to stabilize. It is now trading at around 99 rubles ...

Opinion: What would it take for U.S. oil companies to ramp up production? A lot.

Even with oil prices above $100 a barrel and gas prices averaging over $4 a gallon at the pump, frackers show little interest in ramping up output. Companies including Devon Energy DVN, +1.56%, EOG Re...

Texas Survey Shows Why Oil Producers Aren’t Drilling More

Text size The Federal Reserve Bank of Dallas surveyed 141 oil and gas firms in the 11th Fed District, which includes Texas and parts of New Mexico and Louisiana. Spencer Platt/Getty Images Oil and gas...

How the U.S. and allies can freeze Russian gold

The U.S. and its allies said Thursday they’re moving to block financial transactions with Russia’s Central Bank that involve gold, aiming to further restrict the country’s ability to use its internati...

A Russian oil-sparked U.S. recession? This is how it could happen

A global recession “seems unavoidable” if sanctions on Russia keep most of its oil and natural gas off international markets for the rest of 2022. That’s what a pair of researchers at the Dallas Feder...

Fertilizer Stocks Soar on Putin’s War. Proceed With Caution.

Text size Nutrien’s potash mine in Saskatoon, Canada. Potash fertilizer prices have soared by three-quarters this year. James MacDonald/Bloomberg Haven’t earned enough on your oil stocks since R...

Unless OPEC increases output, oil market will fall into deficit after Russian invasion, IEA says

Russia’s invasion of Ukraine and sanctions on its oil exports threaten a supply shock that will weigh on the global economy and push the oil market into a deficit unless major producers increase outpu...

Is the Dollar in Danger?

The U.S. is sitting on top of a horizontal empire, capitalism’s self-organizing, incentive-based structure with its layers of value. It’s not the Marxist mush of “to each according to his needs.” You ...

From Nickel to Oil and Stocks, Markets Are in Turmoil. Are They Broken?

Wall Street has been treated to intense volatility in the period since Moscow launched its invasion of Ukraine, with tough sanctions on Russia—a major producer of critical commodities—sending the mark...

OPEC: There’s ‘no capacity’ to replace Russia’s 7 million barrels of oil per day

“ “There is no capacity in the world that could replace 7 million barrels per day.”” That was OPEC Secretary General Mohammed Barkindo talking to reporters about potential bans on Russian oil imports ...

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...

Asian markets tumble as oil prices shoot higher amid calls for more sanctions against Russia

TOKYO — The price of oil jumped more than $10 a barrel and Asian markets were sharply lower Monday as the conflict in Ukraine deepened amid mounting calls for harsher sanctions against Russia. Brent c...

U.S. oil prices soar Sunday, briefly punching above $130 as talk of Russia oil embargo heats up

Values for U.S. oil soared Sunday evening, driving prices above $125 a barrel in electronic trade as discussions about a ban on Russian oil heated up. Secretary of State Antony Blinken said Sunday the...

Why Russian oil can’t find buyers even as crude soars above $100 a barrel

Call it a “buyers strike” or “self-sanctioning,” but Russian crude is being shunned in the physical market even as a scramble for barrels sends oil futures to their highest levels in years. “The curre...

The Worst Is Yet to Come for Russia’s Economy. 50-50 Odds on a Russian Bond Default.

The Kasimovskoye underground gas storage facility, operated by Gazprom, in Kasimov, Russia. Russia is under unprecedented sanctions from much of the global economy. Andrey Rudakov/Bloomberg Text size ...

Opinion: Sanctioning Russia is a masterstroke that will cement the dollar’s dominant role in world affairs

LONDON (Project Syndicate)— The savage fighting in Ukraine has led many to wonder whether Russian President Vladimir Putin’s supposed strategic brilliance is all that it was chalked up to be. Though P...

As BP Exits Russia, Other Oil Companies Face Risks Too

Text size Shell has a big stake in a Russian liquefied natural gas project. Jeff J Mitchell/Getty Images Oil companies haven’t been this financially strong in decades. They also haven’t been as politi...

Semiconductor sales to Russia banned, but that shouldn’t hurt Intel, AMD and other chip makers

Semiconductor companies are banning sales to Russia following the company’s invasion of Ukraine, but an analyst says the companies shouldn’t feel much of an effect. As Russian forces continued to bomb...

European stocks skid on tightening Russian sanctions, while defense companies rally

European stocks slumped on Monday, responding to a ratcheting up on sanctions against Russia as the Russian invasion of Ukraine continued. The Stoxx Europe 600 SXXP, -1.38% fell 1.6%, as the financial...

U.S. stock futures plunge as investors weigh impact of latest Russia sanctions

U.S. stock-index futures tumbled late Sunday after President Vladimir Putin raised Russia’s nuclear alert level following stinging new sanctions from the West over the Russian invasion of Ukraine. Dow...

Punishing Putin Through Swift Is Thorny

As the U.S. and Europe weigh how to respond to Russia sending troops into Ukraine, financial sanctions are prime among those measures. U.S. and European countries have contemplated seeking to cut off ...

Why Stocks Rebounded After Russia Invaded Ukraine

Russia invaded Ukraine to start the biggest land war in Europe since Hitler. U.S. stocks soared. What gives? It isn’t that Wall Street secretly loves Vladimir Putin. A close look at the market’s perfo...

The Russia Issue Is Hurting the Stock Market. How Things Could Get Worse.

Text size President Joe Biden spoke Tuesday about Russian military activity near Ukraine. Brendan Smialowski/AFP via Getty Images While stocks are reeling in response to the Russia-Ukraine conflict, t...