Hundreds of companies have sought to open Chinese accounts in recent days in a bid to get around Western sanctions, a worker at a Chinese state bank in Moscow said

Gulf producers have not committed to additional supplies for BPCL, as allocations for April loading are due to be finalised next week

A China institute that advises the nation's top leaders says Western sanctions will end up hurting the US and Europe more than Russia itself.

Oil prices surged on Tuesday over concerns about potential supply disruptions after Russia's invasion of Ukraine and related sanctions despite talk of a coordinated global crude stocks release

Official manufacturing Purchasing Manager's Index (PMI) data registered 50.2 in February, just above the 50-point mark, which separates growth from contraction

SWIFT will lose its credibility and influence and gradually decline in importance if it’s used as a sanctions tool, Xinhua says, while the digital yuan has a big future, another outlet said