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IEA agrees 60 mil barrel oil stock release as Ukraine crisis fuels price jump

This post was originally published on this siteThe International Energy Agency has agreed to release a total of 60 million barrels of oil in a coordinated effort in response to Russia’s invasion of Ukraine, the agency said March 1. Following an extraordinary meeting with its 31 member countries on March 1, the IEA said that […]

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FEATURE: Russian invasion disrupts Ukrainian sunflower oil industry

This post was originally published on this siteRussia’s invasion of Ukraine on Feb. 24 has significantly disrupted the Ukrainian sunflower oil industry and supply chain, with Ukraine the top exporter of sunflower oil globally. A prolonged conflict also threatens the next growing season, sources said. Russia’s invasion caused commodity prices across oil, gas, and agricultural

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