Tag Archives: downgrade

American lawmakers have passed legislation to end favorable trade relations with Russia and halt all oil imports from the country, with the Senate fully united in its vote and only a few stray representatives dissenting in the House. Senators voted 100-0 on Thursday to end permanent normal trade ties with …

According to the monthly Reuters poll, $70 per barrel looks to be a more realistic projection for Brent Crude prices for the rest of 2021, rather than the previously predicted $80 per barrel. The survey of 38 analysts suggests Brent might hover at around $68.76 per barrel – up slightly …