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• Russia surviving on a diet of China and India
  Moscow's ability to pivot toward Asian customers for exports has helped ...
  Moscow's ability to pivot toward Asian customers for exports has helped insulate it from Western sanctions that were expected to crush the economy.
  
  Goldman Sachs had said five months earlier that Russia would struggle to find new trading partners amid war — but China and India, among others, have emerged as big buyers of Russian energy commodities.
  
  India alone has seen a 900% increase in those supplies since February. 
  
  All the while, the EU still hauls in 2.8 million barrels a day despite its own sanctions on Moscow, Bloomberg data shows.
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• MarketWatch: U.S. stock futures sink following Friday’s Wall Street rout
  U.S. stock-index futures plunged Sunday after Wall Street sank Friday following hawkish...
  U.S. stock-index futures plunged Sunday after Wall Street sank Friday following hawkish comments from Federal Reserve Chairman Jerome Powell that the fight against stubborn inflation would continue, and be painful.
  
  Dow Jones Industrial Average futures YM00, -0.68% fell more than 200 points, or 0.7%, right out of the gate Sunday, while S&P 500 futures ES00, -0.85% and Nasdaq-100 futures NQ00, -1.06% dove about 1% each.
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• Recruiters discuss oil, gas industry's staffing woes
  The oil and natural gas industry is dealing with...
  The oil and natural gas industry is dealing with a worker shortage, with short-notice recruiting and hiring for temporary positions proving particularly difficult for companies, oil and gas recruiting professionals say. IT workers from software developers to cyber specialists are in short supply, while the need for field workers such as drilling engineers and geoscience professionals has decreased.
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• ☕️What Else is Brewing Saturday Morning
  The US and China reached a deal to let US regulators inspect audits of Chinese companies listed on American stock exchanges, potentially averting the delisting of hundreds of Chinese stocks.
  
  That was fast: HBO renewed House of the Dragon for a second season after 20 million people watched the first episode.
  
  NBC is reportedly thinking about scrapping programming from 10pm–11pm due to the waning interest in cable TV, the WSJ reports.
  
  The US has created an ambassador-at-large role that’s focused on the increasingly strategic Arctic region. We nominate Frozone.
  
  
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• U.S. oil & gas rig monthly count falls for first time in 25 months

  Energy firms this week increased the number of U.S. oil and gas rigs but cut the count in August for the first time in 25 months, even as oil prices remain relatively high.

  
  

  The total oil and gas rig count, an early indicator of future output, rose three to 765 in the week to Aug. 26, energy services firm Baker Hughes Co said in its closely followed report on Friday.

  
  

  Oil rigs rose four to 605 this week, while gas rigs fell one to 158.

  
  

  In August, the combined oil and gas count was down two rigs after rising for a record 24 months in a row.

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