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Why UAE left OPEC and what it means for global oil prices and supplyThe United Arab Emirates has exited OPEC and OPEC+. This move significantly weakens the oil cartel and its leader, Saudi Arabia. Analysts s...- Why Russian oil stocks are rising today? Rosneft, Lukoil, Gazprom Neft surge as Brent crude jumps — Is higher crude price and supply fears now inevitable?Brent crude jumped over 4% and moved above $95 per barrel today. That sharp spike is driving Russian oil stocks higher. Rosneft, Lukoil, an...
- The US sanctions Serbia's main oil supplier, which is controlled by RussiaAmerica has imposed sanctions on Serbia's primary oil provider, a company controlled by Russia. Serbia relies heavily on Russian energy. Th...
- Ukraine hits Russian oil refinery deep behind frontUkrainian drones struck a significant Russian oil refinery, causing a fire. The refinery is far from the front lines. This attack is part o...
- China state firms curb Russian oil imports on sanctions risks, sources sayChinese state oil companies are reducing or halting purchases of Russian oil to comply with recent U.S. sanctions on Moscow. While Sinopec ...
- Fresh US sanctions on Russian oil to disrupt Indian imports, may end price discounts, says top officialUS sanctions on Russian oil producers and tankers will affect Indian imports post wind-down period ending March 12. Price discounts on Russ...
- India expects to receive Russian oil for next two months, government source saysIndia does not expect disruptions in Russian oil supply for the next two months. U.S.-sanctioned tankers can discharge crude until March. R...
- China, India refiners scour the world for oil supplies as US sanctions to curb Russian supplyNew U.S. sanctions on Russian oil producers and ships will disrupt Russian oil supply to China and India, driving up prices and freight cos...
- Oil hits more than 3-month high as US sanctions hit Russia exportsOil prices have reached their highest level in over three months due to new U.S. sanctions on Russian oil producers. The sanctions could se...
- Rosatom terms sanctions by Biden administration 'unlawful', unfair competition from unfriendly countriesThe Biden administration's sanctions against Rosatom, a global leader in nuclear energy technologies, are deemed unlawful and a form of unf...
- US announces sweeping sanctions on Russia's energy sector, two Indian companies namedRussia's State Atomic Energy Corporation Rosatom claims that the sanctions imposed by the Biden administration are unfair and unlawful. Ros...
- Enso Group, MD, Vaibhav Maloo emphasizes the importance of getting more skilled for exceptional business success.
- EU decides to ease sanctions on Russian oil exports“With a view to avoid any potential negative consequences for food and energy security around the world, the EU decided to extend the exemp...
- Russia's Rosneft and Indian Oil sign 2022 crude supply dealIndia's top refiner is also seeking collaboration with Russian petrochmicals company SIBUR to explore the feasibility of setting up a dual-...
- Gazprom & Zyfra JV on digital industrialisation eyes India's oil & gas marketGazprom Neft, a subsidiary of Gazprom and the third-largest oil producer in Russia, and Zyfra, Finnish-Russian industrial digitalization fi...
- Oil steadies as market focuses on supply risksBrent crude futures lost 2 cents to $71.16 a barrel by 10:52 a.m. EDT (1452 GMT). U.S. West Texas Intermediate (WTI) crude futures rose 12 ...
- Russia clashes with Western oil buyers over new deals as sanctions loomGazprom Neft has also asked buyers to use euros in payments and bear financial responsibility for contract breaches in the case of new sanc...
- OIL completes acquisition of 50% stake in oil block in RussiaOIL bought the stake from Ireland-registered, Russia- focused firm PetroNeft Resources plc in License 61 in Tomsk Oblast in Russia.
- Russian oil companies get a big boostInvestors should hold on to shares of major Russian oil companies because they’re undervalued and may benefit from earnings upgrades throug...
- Deutsche Bank offers to buy YukosYukos has received a takeover offer from the Russian subsidiary of Deutsche Bank, the company’s chairman said in a report on Monday, a move...
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