Saturday, July 12

Browsing: Oil Prices

Hungary exempt from price cap on Russian oil – FM.

2 Mins ReadDecember 4, 2022

Peter Szijjarto says the measure will harm Europe’s economy. Hungary has been granted an exemption from the price cap on…

Oil prices slump on demand concerns.

2 Mins ReadNovember 29, 2022

EU price caps on Russian crude, China’s zero-Covid policy and OPEC production plans are weighing on the market. Brent crude…

West African country ditches dollar in oil trade.

1 Min ReadNovember 27, 2022

Ghana will buy crude with gold instead of the US currency. Ghana’s vice president, Mahamudu Bawumia revealed this week that the…

Yellen outlines US plan to trap Russia on oil

3 Mins ReadNovember 13, 2022

Russia may have no choice but to sell its crude at a price set by the US and its allies…

Russian oil ‘advantageous’ for India – FM

2 Mins ReadNovember 9, 2022

New Delhi is looking for stable energy ties with Moscow and will continue buying Russian oil to India’s advantage, Indian…

US Treasury: Just because the GDP is negative, does not mean recession

4 Mins ReadJuly 25, 2022

US Treasury Secretary Janet Yellen is claiming that just because the US GDP report is negative, it does not mean…

US luring India to join anti-Russia oil cartel – Reuters

2 Mins ReadJuly 18, 2022

The US treasury secretary campaigns in Asia, seeking a price cap on Russian crude The US has held ‘encouraging’ talks…

Oil rises after Biden fails to persuade Saudi to pump out more oil

4 Mins ReadJuly 18, 2022

Oil prices have taken to new heights after it was revealed that US President Joe Biden failed to persuade Saudi…

Sri Lanka sends 2 ministers to Russia for oil amid crisis

4 Mins ReadJune 27, 2022

Sri Lanka is sending two government ministers to Russia to negotiate for fuel — one of the necessities nearly exhausted…

Oil price can rise to $135 a barrel in 2H 2022 — IHS Markit

2 Mins ReadJune 27, 2022

High prices are caused by the lack of oil supply, the agency noted Brent oil prices may rise to $135…

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