Market Pulse - Commodities
Deutsche Bank keeps BP and Shell at 'buy'
Analysts at Deutsche Bank lowered its target prices for most European oil and gas firms, although Shell and BP fared better.
Two EU officials tell CNBC an immediate Russian oil embargo is unlikely
It's unlikely that Brussels will impose an immediate embargo on Russian oil, European Union officials said.
EU may discuss ban on Russian oil imports on Thursday
Foreign ministers from European Union member countries were set to discuss a ban on Russian oil imports when they met on 24 March.
BATS announces exit from Russia, calls on governments to help find peace in Ukraine
British American Tobacco called on all leaders and governments to find a peaceful and sustainable resolution of the conflict, even as it announced its exit from Russia.
Oil price shocks usually do not derail economies, Berenberg says
Oil price shocks historically have not derailed economies but in the case of Europe, this time the outcome will likely hinge on whether or not the European Union joins Washington's embargo on Russian oil, Berenberg said.
Russia announces commodity export ban on 200 products
Moscow implemented an export ban overnight covering over 200 goods arguing that it was needed to "maintain stability on the Russian market".
Sector movers: Cyclicals rally as investors spy possible ray of hope
Stocks snapped higher as investors spied a possible ray of hope amid the grim tragedy that is the war in Ukraine.
Citi bullish on ITM Power, Nel and Ceres Power on EU drive for energy security
Analysts at Citi sounded a bullish note on shares of ITM Power in the wake of the European Union's just announced plans to make the bloc independent from Russian gas "well before 2030" with 'green hydrogen' given a central role.
Shares slide at Tullow as annual results disappoint
Shares in Tullow Oil fell sharply on Wednesday after its full-year results disappointed, despite soaring energy prices.
Biden may be set to announce a ban on imports of Russian oil
There was growing speculation that the Biden administration would announce a ban on imports of Russian crude oil as soon as Tuesday.
Euro area CPI jumps past forecasts again in February
The cost of living in the Eurozone accelerated more sharply than expected last month amid the ongoing surge in energy prices.