Free Trial

Russia Warns of EU Ban Impact

OIL

The European Union’s partial embargo of Russian oil will have a negative impact on the entire global energy market according to Kremlin spokesperson Dmitry Peskov today.

  • "These sanctions will undoubtedly have an adverse effect on, perhaps, the entire continent, and they will have a negative impact on Europeans, on us, and on the entire global energy market," he said.
  • "Certainly, we are redirecting spare volumes to other destinations. These are resolute, systematic actions that will allow us to minimize any adverse effects,"

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.