Ardian SAS, a Paris-based private equity firm, is opening an office in Abu Dhabi to take advantage of opportunities in the region, where sovereign wealth funds are becoming increasingly influential investors.

The U.S. economy is doing well by most measures. Unemployment is low, wages are rising, and economic growth is strong.

India’s oil processors are willing to buy more Russian crude if the price is right, said refinery executives, potentially providing a bigger outlet for Moscow almost a year after its invasion of Ukraine.

Russia is planning to try and limit oil discounts using market principles. This move is likely to be aimed at improving the country's budget revenues. Russia is one of the world's largest oil producers, and so this could have a significant impact on global oil prices.

A lot happened in 2022, with Russia’s war on Ukraine disrupting the global economy.