India’s crude imports rose about 4.2% in March to 19.03 million tonnes from a year earlier,…
Tag: OIL
Oil Jumps $5 A Barrel As EU Nears Ban On Russian Oil
Oil prices jumped, as the European Union, the world’s largest trading bloc, spelled out plans to…
Oil Gains 1.5%, Posts Another Weekly Rise On Supply Concerns
Oil prices rose nearly 1.5%, posting a second straight weekly increase as impending European Union sanctions…
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…
Oil Prices Fall 5% After IMF Cuts Growth Outlook
Oil prices were down about 5% in volatile trading on Tuesday on demand concerns after the…
Ship Fuel Suppliers Stop Serving Russian Vessels In The Med – Report
Marine fuel sellers have stopped serving vessels flying the Russian flag at major European hubs including…
Fuel Ship Sinks Off Tunisia, Threatening Environmental Disaster
Tunisian authorities intensified efforts on Saturday to avoid an environmental disaster after a merchant fuel ship…