Showing 1 - 10 of 49
Red Sea danger leads global oil buyers to switch markets
Bloomberg News, Published on 05/02/2024
» NEW YORK - The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make supplies from closer to home more attractive.
Oil surges as speculation Opec+ will cut production intensifies
Bloomberg News, Published on 29/11/2022
» SINGAPORE: Oil extended a rebound from the lowest level in almost a year on speculation that the Organization of Petroleum Exporting Countries (Opec) and its allies will deepen supply cuts to respond to weakening global demand.
Saudi Arabia cuts oil prices for Asia, Europe
Bloomberg News, Published on 06/09/2022
» Saudi Arabia cut oil prices for customers in Asia and Europe as Covid-19 lockdowns and sagging economies cool energy demand in the two regions.
Saudi Arabia raises oil prices for Asia to record levels
Bloomberg News, Published on 04/08/2022
» Saudi Arabia raised oil prices for buyers in Asia to record levels, a sign the world’s largest exporter sees the region’s market remaining tight.
Opec+ agrees on bigger oil-production hikes
Bloomberg News, Published on 02/06/2022
» Opec+ will increase the size of its oil-supply hikes by about 50%, bowing to months of pressure from major consumers including the United States to help ease the pain of high energy prices.
Ukraine update: US to send more javelins; Zelenskiy rebukes UN
Bloomberg News, Published on 06/04/2022
» The United States and allies are poised to announce new sanctions, including a ban on all new investments in Russia, to punish the Kremlin for alleged atrocities against civilians committed by its forces in Ukraine.
Putin orders Russian attacks across Ukraine in ‘dark day’
Bloomberg News, Published on 24/02/2022
» Russian forces attacked targets across Ukraine on Thursday after President Vladimir Putin vowed to “demilitarise” the country and replace its leaders, triggering the worst security crisis in Europe since World War II as the West threatened further punishing sanctions in response.
Oil declines after Russia says some troops returning to bases
Bloomberg News, Published on 15/02/2022
» Oil retreated from the highest since 2014 after Russia said some troops are starting to return to their permanent bases after completing drills.
Rising gasoline costs, inflation unsettle Asia
Bloomberg News, Published on 21/01/2022
» Surging gasoline prices are posing a tricky new problem for governments as they seek to nurse virus-hit economies back to health.
Oil rises from the ashes as the big virus recovery trade
Bloomberg News, Published on 13/12/2020
» Brent crude topped $50 a barrel last week for the first time since March, a milestone for an oil market that’s been grinding its way back out of a deep slump for months.