Oil prices rose nearly 1.5%, posting a second straight weekly increase as impending European Union sanctions…
Tag: crude oil
India Says Sudden Halt To Russian Oil Imports Would Hurt Citizens
India defended its continued purchases of Russian oil saying they were part of its long-standing effort…
Reliance Industries Energy Unit Powers Fourth-Quarter Profit Jump
Reliance Industries Ltd, India’s most valuable company, reported a 22.5% surge in fourth-quarter profit, helped by…
Oil Edges Up On Supply Jitters As EU Plans Russian Oil Ban
Oil prices edged uo on supply worries after the European Union (EU) laid out plans for…
Oil Slides As China Lockdowns Outweigh Proposed EU Russia Oil Ban
Oil prices fell by more than 2% as demand worries stemming from China’s prolonged COVID-19 lockdowns…
Russia’s Rosneft Ramps Up Oil Sales To Indian Oil In May – Traders
Rosneft sold 700,000 tonnes of Urals oil loading from Baltic ports of Primorsk and Ust-Luga in…
EU Proposes Russian Oil Ban To Make Putin ‘Pay High Price’ For Ukraine
The European Union’s chief executive on Wednesday proposed a phased oil embargo on Russia, sanctions on…
Oil Slips On China Demand Worries, While EU Weighs Russia Oil Ban
Oil slipped by more than 1% on Tuesday as concerns about demand due to China’s prolonged…
India Asks State Firms To Consider Buying Russian Oil Assets – Report
India has asked state-run energy companies to evaluate the possibility of buying European oil major BP’s…
Oil Eases As China Lockdowns Weigh On Demand Outlook
Brent crude futures rose 15 cents to $107.74 a barrel by 0410 GMT while U.S. West…