Fri. Dec 13th, 2024

Tag: oil’

Global supply of oil inches tighter amid Russia’s response to the G7 to reduce oil output

Orphaned polar bear cub wandering alone on Alaskan oil field is moved to a nearby zoo
Live: Russia threatens to cut oil output in response to price caps

Russia says it will assess any possible retaliation for the Western oil embargo in early 2023
Russia’s deep oil discounts drove revenue down $700 million last month even as its exports jumped, the IEA says

OPEC slashes oil demand outlook on global economic uncertainty after earlier predictions of supply shortfalls
China’s looking to reorder global oil trade by transacting with Saudi Arabia in yuan. The move could dampen the dollar’s dominance.

Russia is now sending nearly 90% of its oil to Asia as EU sanctions divert crude flows
China says it’s moving to buy oil and gas in the yuan — a move that could threaten the dollar’s global dominance in the long run