Oil
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05.08.20230 98
Saudi Arabia extends oil-production cut
The voluntary reduction of one million barrels per day will be in place for an additional month to include September…
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05.08.20230 105
Oil tanker hit in suspected Black Sea drone strike – media
The ship was off the coast of Crimea when its engine room flooded, sea rescue services said FILE PHOTO © …
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04.08.20230 94
OPEC oil production tumbles – Bloomberg
Output was reportedly down 900,000 barrels a day in July © Getty Images / grandriver OPEC’s oil production plunged by the…
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03.08.20230 110
US considers armed response to Iran’s ship seizures – media
The Pentagon has contemplated a plan to deploy troops on commercial ships in the Strait of Hormuz A US Navy…
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03.08.20230 95
Pakistan seeks to boost Russian oil imports – report
A planned Saudi-backed refinery could help process “increasing volumes” of crude, Nikkei Asia reports The first-ever Russian crude oil cargo…
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02.08.20230 98
Iran boosts oil production to five-year high
Output now exceeds three million barrels a day, statistics show © Getty Images / curraheeshutter Iranian oil output has increased by…
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01.08.20230 109
Russia pumping oil at record pace – Bloomberg
Drilling activity saw a significant year-on-year surge in the first half of the year despite production cuts, data shows © Global…
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31.07.20230 101
Chinese imports of Russian crude hit new record
Beijing has bolstered its oil inventories from Russia to the highest level in three years © AFP/CHUNYIP WONG China has…
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28.07.20230 101
July 2023 will be hottest month in recorded history – UN chief
Secretary General Antonio Guterres announced “the era of global boiling” © Getty Images / Brandon Bell UN Secretary-General Antonio Guterres warned…
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25.07.20230 100
Russian oil revenues nearly cut in half from spring 2022 – IEA
The decline comes after Russia voluntarily slashed its oil output, data shows © Getty Images/bashta Russian oil exports dropped to…