Oil gains as Russia-Ukraine talks stall
Oil prices extended their gains on Friday at the end of a third volatile week of trade after slim progress in peace talks between Russia and Ukraine raised the specter Continue Reading
Oil Climbs Near $106 After Jumping on Doubts Over Peace Talks
Oil extended gains after the biggest daily surge in 16 months pushed prices back above $100 a barrel as the Kremlin cast doubt on the progress of peace talks with Continue Reading
The World Could See A Record-Breaking Oil Supply Shock
IEA: market could lose around 3 million bpd of supply from Russia starting in April. Sanctions come at a time that OECD crude inventories were already well below their 5-year Continue Reading
Parliament vote signals uphill battle for Ismaael and INOC
Oil Minister Ihsan Ismaael’s efforts to resurrect the Iraqi National Oil Company (INOC) are facing increasing political opposition, raising doubts as to whether the fledgling company will survive in its Continue Reading
Uzbekistan Breaks Ranks In Central Asia, Calls For End To Ukraine War
Uzbekistan has broken ranks among its Central Asian peers, who have pointedly refrained from adopting explicit positions on Russia’s war, by stating that it recognizes Ukraine’s territorial integrity and that Continue Reading
Russian oil exports to India surge as Europe shuns cargoes
Russia has exported 360,000 barrels a day of oil to India in March so far, nearly four times the 2021 average as buyers weigh up major discounts against public opinion Continue Reading
Is Venezuelan Oil Really Worth Rolling Back Sanctions For?
The war in Ukraine has created an especially volatile oil market, and the Biden administration is racing to counter rising prices. The United States needs to replace as much as Continue Reading
Iran ready to meet India’s energy needs, Tehran envoy tells New Delhi
Oil storage containers are seen on the shore of the Mediterranean Sea in the southern city of Ashkelon January 27, 2015. REUTERS/Amir Cohen NEW DELHI, March 18 (Reuters) – Iran Continue Reading
Shanghai pushes ahead with mass COVID tests as new cases spike
The Chinese commercial hub of Shanghai is pushing ahead with a mass testing initiative as it tries to curb a new spike in COVID-19 infections, but some districts were easing Continue Reading
Only Half of Chinese Aged 80 and Older Are Fully Vaccinated
Only half of Chinese aged 80 and older are fully vaccinated against Covid-19, highlighting the risks as President Xi Jinping’s government tries to contain omicron outbreaks nationwide. About 51% of Continue Reading