Tag: WSJ-PRO-WSJ.com

Shell, BP to Withdraw From Russian Oil, Gas
Shell, BP to Withdraw From Russian Oil, Gas

European oil giants Shell SHEL 3.18% PLC and BP BP 5.21% PLC said they were stepping back further from doing business with Russia, with Shell saying it will immediately halt all spot purchase of crude from the country and will phase out its other trading and business dealings. A spokesman for BP said it won’t […]

How the Letter Z Became a Russian Pro-War Symbol
How the Letter Z Became a Russian Pro-War Symbol

When 20-year-old Russian athlete Ivan Kuliak stepped onto the podium at the Gymnastics World Cup beside event winner Illia Kovtun from Ukraine, a barely discernible symbol on his uniform prompted an official investigation into his conduct and widespread condemnation from the international community. The letter Z—taped in white over Mr. Kuliak’s white shirt as he […]

Stocks Fall Sharply After Oil Hits $130 a Barrel
Stocks Fall Sharply After Oil Hits $130 a Barrel

The Dow Jones Industrial Average dropped more than 700 points, putting the blue-chip gauge on track to enter a correction, as surging oil prices deepened concerns about economic growth. The Dow industrials were recently down 2.1%, or about 713 points, following four consecutive weeks of losses. At that level they would close in a correction, […]

Stocks Open Lower After Oil Hits $130 a Barrel
Stocks Open Lower After Oil Hits $130 a Barrel

US stocks and global equity indexes dropped as the threat of a potential ban on Russian oil imports spurred a surge in energy prices that investors worry could smother economic growth, especially in Europe. The Dow Jones Industrial Average and S&P 500 declined between 0.2% and 0.4% in early Monday trading. The Nasdaq Composite Index […]

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