Oil Drops Nearly 4% as Recession Fears Outweigh US Inventory Draw
New York April 27 2023: Oil prices dropped by almost 4% on Wednesday, extending the previous session's sharp losses, even ...
Tag: OIL
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Russia Says It Cut Oil Output by 700,000 Barrels a Day in March
Moscow April 8 2023: Russia’s Energy Ministry said the nation reduced its oil output by about 700,000 barrels a day ...
Russia Shifts To Dubai Benchmark In Indian Oil Deal – Reuters
New Delhi April 4 2023: Russia's largest oil producer Rosneft (ROSN.MM) and India's top refiner Indian Oil Corp (IOC.NS) agreed ...
Oil Prices Jump After OPEC+ Decision To Cut Output
Sydney April 3 2023: Oil prices surged on Monday after Saudi Arabia and other OPEC+ oil producers announced a surprise ...
Russia Extends Pledged Oil Output Cuts Through 2023, Novak Says
Moscow April 3 2023: Russia has decided to keep its oil production at a reduced level through 2023 amid high ...
Saudi Aramco Report Record Profit of $161.1 Billion for 2022
Dhahran March 12 2023: The Saudi Arabian Oil Company (“Aramco” or “the Company”) today announced its full-year 2022 financial results, ...
Russian Oil Gets More Pricey as Pool of Asian Buyers Expands
Moscow March 8 2023: The price of Russian crude and fuel is rising for buyers in Asia as a pool ...
UAE Denies Reports of Leaving OPEC
Dubai March 4 2023: United Arab Emirates has no plans to leave the OPEC alliance, officials said on condition of ...
Oil Prices Drop As UAE Discussing Exit From OPEC To Pump More Oil
London March 3 2023: Oil prices slumped on Friday after the Wall Street Journal reported that the United Arab Emirates ...
UAE Increases Petrol Prices for March 2023 on Higher International Prices
Dubai February 28 2023: The UAE has announced that the price of petrol will increase in March 2023, while diesel ...
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