Author name: David Ryabchikov

Virginia city councillor doused with gasoline, set on fire in workplace attack

Virginia city councillor doused with gasoline, set on fire in workplace attack

City councilman Lee Vogler attends an event in Danville, Va., in December 2024. Photo by Von Wellington Photography via AP Article content DANVILLE, Va. — A city councilman in Virginia was seriously injured Wednesday when a man stormed into his office at a local magazine, doused him in gasoline and set him on fire —

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Strength in Crude Oil Sparks Short Covering in Sugar Futures

March NY world sugar #11 (SBH25) today is up +0.15 (+0.78%), and March London ICE white sugar #5 (SWH25) is up +4.70 (+0.93%). Sugar prices today recovered from early losses and are moderately higher.  Today’s rally in WTI crude oil (CLG25) to an 8-week high sparked short covering in sugar futures.  Strength in crude benefits

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Oil climbs on EU trade deal, potential US-China tariff truce extension

Oil climbs on EU trade deal, potential US-China tariff truce extension

Synopsis Oil prices rose due to optimism surrounding a U.S.-EU trade agreement, potential U.S.-China tariff truce, and a shorter deadline from President Trump for Russia to resolve the Ukraine war. The U.S.-EU deal averted a major trade war, while U.S. and China are continuing trade discussions. Agencies Oil prices increased on Tuesday. This rise is

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OPEC+ plans new supply surge as Nigeria braces for oil price, revenue volatility 

OPEC+ plans new supply surge as Nigeria braces for oil price, revenue volatility 

Oil traders widely expect the Organization of the Petroleum Exporting Countries and its allies (OPEC+) to approve another significant oil production increase this weekend, likely completing the revival of its previously suspended output.  The post OPEC+ plans new supply surge as Nigeria braces for oil price… https://nairametrics.com/2025/07/28/opec-plans-new-supply-surge-as-nigeria-braces-for-oil-price-revenue-volatility/

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Sun King Closes $156M to Deliver Solar for Over a Million Kenyans

Sun King Closes $156M to Deliver Solar for Over a Million Kenyans

Sun King, the Kenyan pay-as-you-go off-grid solar energy firm, has closed a landmark $156 million (KES 20.1 billion) securitisation to scale affordable solar across Kenya. The firm says the funds will enable  it to serve an estimated 1.4 million low-income households and businesses to get off kerosene and diesel to access electricity for the first

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Crude Oil Price Fall on Concern About Energy Demand

August WTI crude oil (CLQ25) on Tuesday closed down -0.99 (-1.47%), and August RBOB gasoline (RBQ25) closed down -0.0300 (-1.41%). Crude oil and gasoline retreated for a second session Tuesday, with gasoline dropping to a 2-week low.  Crude oil prices are being undercut by concern that President Trump’s tariff policies will lead to slower global

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