A federal judge in Alaska denied a bid by environmentalists and an indigenous group to block ConocoPhillips from opening a gravel mine and conducting
Tag: Oil
Saudi Arabia’s Crown Prince is No Longer Interested in “Pleasing” the U.S.
The geopolitical landscape seems to be pretty heated at the moment. On one hand, several nations have been taking collective
Dubai Oil Benchmark Takes Center Stage as Russia, India Abandon Brent Benchmark
In a recently negotiated deal to deliver Russian oil to India, Rosneft, a large Russian oil producer, and Indian Oil Corp,
Saudi Arabia and OPEC+ Producers to Cut Oil Production Output Until End of 2023
Saudi Arabia and OPEC+ producers have recently announced a surprising cut to oil production. The move to cut production by around 1.6
Russian Oil Giant Signs New Deal To Boost Crude Supply To India
Russia’s largest oil firm, state-controlled Rosneft, signed on Wednesday a term agreement with Indian Oil Corporation to raise the supply
China completes first yuan-settled LNG trade
BEIJING, March 28 (Reuters) – Chinese national oil company CNOOC 0883.HK, 600938.SS and France’s TotalEnergies TTEF.PA have completed China’s first yuan-settled LNG trade through the Shanghai Petroleum
President Ruto Says Dollar Demand Will Ease In ‘A Couple Of Weeks’
NAIROBI, Kenya, Mar 22 – President William Ruto expects dollar demand in the country to ease as the government plans
Saudi Arabia’s Energy Minister Slams NOPEC Bill And Price Caps
The NOPEC bill, which was recently reintroduced in Congress by a group of legislators, and price caps on oil will
Western sanctions have weakened the dollar’s dominance as India buys Russian oil with other currencies
Western sanctions have weakened the dollar’s dominance in oil trades, as India increasingly buys Russian oil using other currencies, Reuters reported.
Oil loadings from Russia’s western ports to fall by 10% in Mar/Feb: sources, Reuters calculations
MOSCOW, March 7 (Reuters) – Russia plans to cut oil exports and transit from its western ports in March by 10% on