Amid Sanctions, Russian Oil Tankers Are Flying New Flags
by A shadowy network of ships has registered in Gabon, highlighting how Vladimir V. Putin is building an economy beyond the reach of Western sanctions.
Tag: oil
How an Israeli Strike on Iran’s Oil Sector Would Impact China
China has strategic reserves and alternatives like electric cars, should oil imports ever be interrupted.
Oil Price Jumps After Biden Says ‘Discussing’ Potential Israeli Strike on Iranian Facilities
The president was asked about a potential strike on the oil infrastructure of Iran, which accounts for about 2 percent of the world’s supply.
OPEC+ Ministers Maintain Oil Output Levels Amidst Ongoing Talks
Oil-producing nations in the OPEC+ alliance have decided to maintain the current output policy following a key meeting. The gathering of ministers, which occurred as …
Why the Conflict Between Iran and Israel Has Raised Oil Prices Only Modestly
The fighting is increasing fears about oil supplies, but those worries are offset by greater global production and slowing demand in China.
Oil Price Drop Below $70 Could Rout GCC Stock Markets
Oil prices continue to hover dangerously close to the $70 per barrel mark, raising concerns among investors and analysts about the potential impact on the …
India Urges OPEC+ to Boost Oil Production Amid Growing Fuel Demand
The Indian government is calling on the Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, to increase oil production. …
Adnoc and Indian Oil Forge 15-Year LNG Supply Pact
Abu Dhabi National Oil Company (Adnoc) has entered into a significant 15-year agreement with Indian Oil Corporation (IOC), aimed at supplying 1 million tonnes per …
OPEC Plus Delays Plan to Increase Oil Output
OPEC Plus will extend its cuts until at least December. Demand has weakened, and other countries, including the United States, are expected to continue to …
OPEC+ Extends Production Cuts to Avert Immediate Oil Surplus
OPEC+ has opted to prolong its production restraint by two months to prevent a looming oil surplus this year. This decision comes as economic indicators …