Weekend oil – Yellen says setting price caps on Russian refined oil products complicated
Yellen was speaking with media on her trip to Africa. Yellen said the the US Treasury estimates that the G7-led price cap on Russian crude oil and refined products to limit Russia’s revenues could save the 17 largest net oil-importing African countries $6 billion annually said two separate price caps on Russian refined petroleum products, […]
Economic development situation in 2023 is still complicated
China’s National Development and Reform Commission of the People’s Republic of China (NDRC), the country’s ‘state planner’ said in a statement on Wednesday, “the economic development situation in 2023 is still complicated.” Additional quotes “The external environment is turbulent.” “Pressure on China’s economy is still large.” “Confident and capable of promoting the continuous recovery and […]