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G7's proposed price cap of $65-$70 a barrel on Russian oil would have little immediate impact on Moscow's revenues, as it is broadly in line with what Asian buyers are already paying.

Turkish drones are targeting key oil installations run by the Kurdish-led Syrian Democratic Forces (SDF) in northeast Syria.

Russia "will not accept" a price cap on its oil and is analysing how to respond, the Kremlin said.

Biden does not intend to speak to Putin about ending the Ukraine war as conditions for such discussions currently do not exist, the White House said.

Bosch is set to earn more than 87 billion euros in revenues in 2022

Redwood said it will build a $3.5 billion battery materials campus in Ridgefield, about 30 miles (48.28 km) northwest of Charleston, that will recycle, refine and remanufacture cathode and anode materials

Oil futures slipped 1.5% in choppy trading ahead of a meeting of the Organization of the Petroleum Exporting Countries and its allies (OPEC+).

Oil prices rose about a dollar per barrel after top crude importer China eased COVID curbs in two major cities.