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Tag: PROD

Exclusive: Venezuela’s oil tankers at risk of sinking, fires, spills, report finds

Exclusive: Venezuela’s oil tankers at risk of sinking, fires, spills, report finds

May 4, 2023May 6, 2023 · World News

PUNTO FIJO, May 4 (Reuters) – More than half of the 22 oil tankers in Venezuela’s fleet are so run down that they should be immediately repaired or…

Read more Exclusive: Venezuela’s oil tankers at risk of sinking, fires, spills, report finds
Exclusive: India’s Bank of Baroda stops clearing payment for above-cap Russian oil – sources

Exclusive: India’s Bank of Baroda stops clearing payment for above-cap Russian oil – sources

April 4, 2023April 4, 2023 · World News

NEW DELHI, April 4 (Reuters) – India’s Bank of Baroda (BOB.NS) has stopped clearing payments for Russian oil sold above the price cap set by the West from…

Read more Exclusive: India’s Bank of Baroda stops clearing payment for above-cap Russian oil – sources
Oil slips as banking fears return, offsetting China demand hopes

Oil slips as banking fears return, offsetting China demand hopes

March 15, 2023March 15, 2023 · World News

Credit Suisse unease sparks global sell-off Chinese economy shows signs of gradual recovery China reopening expected to boost oil demand -IEA LONDON, March 15 (Reuters) – Oil extended…

Read more Oil slips as banking fears return, offsetting China demand hopes
Ghana plans to buy oil with gold instead of U.S. dollars

Ghana plans to buy oil with gold instead of U.S. dollars

November 24, 2022November 27, 2022 · World News

ACCRA, Nov 24 (Reuters) – Ghana’s government is working on a new policy to buy oil products with gold rather than U.S. dollar reserves, Vice-President Mahamudu Bawumia said…

Read more Ghana plans to buy oil with gold instead of U.S. dollars
OPEC+ JMMC agrees oil output cuts of 2 mln bpd – sources

OPEC+ JMMC agrees oil output cuts of 2 mln bpd – sources

October 5, 2022October 5, 2022 · World News

LONDON, Oct 5 (Reuters) – OPEC+ key ministers, known as the joint ministerial monitoring committee, has agreed oil production cuts of 2 million barrels per day, three OPEC+…

Read more OPEC+ JMMC agrees oil output cuts of 2 mln bpd – sources
Biden disappointed by ‘shortsighted’ OPEC+ cut, more SPR releases possible

Biden disappointed by ‘shortsighted’ OPEC+ cut, more SPR releases possible

October 5, 2022October 6, 2022 · World News

WASHINGTON, Oct 5 (Reuters) – President Joe Biden called on his administration and Congress to explore ways to boost U.S. energy production and reduce OPEC’s control over energy…

Read more Biden disappointed by ‘shortsighted’ OPEC+ cut, more SPR releases possible
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