Russia using ship-to-ship diesel transfers for transatlantic exportsA full EU embargo on Russian oil products on Feb. 5 has boosted Russian diesel exports to Asia, Africa and the Middle East, with STS loadin...
05 Apr, 2023, 05.22 PM IST
Cryptoverse: Bitcoin digs in for a bumpy new yearBitcoin itself has gained 4.3% since the start of 2023, though stuck in a narrow range between $16,500 and $17,300. The world's biggest cry...
10 Jan, 2023, 04.59 PM IST
Oil rebounds after biggest drop in decades at start of yearHelping drive the gains on Thursday was a statement from top U.S. pipeline operator Colonial Pipeline, which said late on Wednesday its Lin...
05 Jan, 2023, 05.53 PM IST
Exclusive-Russian oil sold to India below price cap in buyers' marketAlso on Dec. 5, the Group of Seven leading economies implemented a $60 price cap on Russian seaborne oil to try to limit Moscow's ability t...
14 Dec, 2022, 07.07 PM IST
Oil prices slide as supply fears recedeAs part of the rout, the market structure of both oil benchmarks shifted in ways that reflect dwindling supply concerns. Crude had come clo...
18 Nov, 2022, 08.58 PM IST
Rosneft moves into tanker chartering as EU ban loomsPreviously, state-controlled Rosneft, which produces more than 40% of Russian oil, would sell its oil at the port of loading, meaning the b...
17 Oct, 2022, 10.13 PM IST
Tencent reports its first-ever revenue drop as regulations and COVID-19 biteTencent is the world's largest video game company.
17 Aug, 2022, 03.18 PM IST
Ukraine war: Why Putin wants help from India, China on oil purchaseHowever, any such move was a double-edged sword, especially in Europe, which relies on Russia for 25% of its oil and 40% of its natural gas...
31 May, 2022, 10.33 PM IST
India's imports of cheap Russian crude surge since Ukraine invasionThe volumes of India's seaborne oil imports from Russia exclude CPC Blend oil, which is also exported via Russia's Black Sea port, but most...
30 May, 2022, 06.42 PM IST
El Salvador holds 400 bitcoin, price jumpsBitcoin temporarily climbed above 1.49% to more than $52,680 on Monday evening, Refinitiv Eikon data showed, with a Reuters market analyst ...
07 Sep, 2021, 10.16 AM IST
Microsoft sees steady cloud growth after record quarterly profitShares ticked up 0.7% after Microsoft projected that growth in its Azure cloud computing business will continue apace following a quarter i...
28 Jul, 2021, 09.41 AM IST
Oil drillers and Bitcoin miners bond over natural gasThe trailers - carrying pipes, generators and computers - are called "mining rigs." But their owners aren't there to drill for oil. They ar...
21 May, 2021, 04.53 PM IST
Saudi Aramco 2020 net profit slumps 44.4% as COVID-19 bitesNet profit fell to 183.76 billion riyals ($49.00 billion) for the year that ended Dec 31, from 330.69 billion riyals a year earlier.
22 Mar, 2021, 11.01 AM IST
Nokia warns of "challenging" year as it plays catch-upWhile both Nokia and rival Ericsson have been gaining 5G customers that might otherwise have gone to China's Huawei, Ericsson has fared bet...
04 Feb, 2021, 08.20 PM IST
Turning corona corner, Volkswagen's profit falls less than fearedThe group said full-year operating profit, excluding costs related to its diesel emissions scandal, came in at 10 billion euros ($12.2 bill...
22 Jan, 2021, 07.00 PM IST
ONGC sells June-loading Russian Sokol crude at record discount: SourcesThat is the lowest price differential ever recorded, according to Refinitiv Eikon data starting from 2011.
06 Apr, 2020, 10.33 AM IST
With few buyers, Iranian oil armada heads to China ahead of US sanctionsA source from the National Iranian Tanker Company said more than 20 mn barrels of oil will be shipped to China.
18 Oct, 2018, 10.17 PM IST