Extractive 360
All posts tagged "oil price"
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196FEATURESCan A Buyers Cartel Challenge OPEC?
By Irina Slav for Oilprice.com Italy’s former PM, Mario Draghi, suggested it first, then U.S. Treasury Secretary, Janet Yellen took up the...
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167INTERNATIONAL NEWSEU Agrees On $60/bbl Cap On Russian Oil In Revenue Reduction Efforts
The European Union (EU) has agreed to cap Russian seaborne oil prices to other destinations at $60/bbl. The deal was made after...
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198NEWSOil Falls Further As Concerns Grow Over Global Economy, China’s COVID Cases
Oil fell sharply on Wednesday after slumping in the previous session, weighed down by concerns about weak demand due to the state...
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184INTERNATIONAL NEWSSaudi Arabia Says OPEC Could Cut Output To Tackle Oil Slump
OPEC leader Saudi Arabia said that OPEC stands ready to cut production to correct a recent drop in oil prices caused by...
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205NEWS
Oil Prices Fall In Volatile Trade On Recession Fears
Oil prices fell in volatile trading on Wednesday, extending Tuesday’s heavy losses as growing fears of a global recession outweighed supply concerns....
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198NEWS
Oil Rise To $121.76 Per Barrel Despite US Inventories
Oil prices rose on Wednesday, despite a likely rise in U.S. oil stocks, on the easing of Chinese COVID-19 related lockdowns and...
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290NEWSNigeria’s Crude Oil Reserve Increases To 37bn Barrels – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the nation’s oil and condensate reserves status as at Jan. 1, 2022 is 37.046...
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239NEWS
Russia eyes Asia for oil exports as Europe turns away
As European countries look to wean themselves off of Russian energy, Moscow is looking to fill at least part of the gap...
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240INTERNATIONAL NEWS
Oil Prices Jump As European Countries Consider Banning Russian Crude
Oil prices rallied early on Monday amid EU consultations about potentially joining the U.S. in banning imports of Russian oil. As of...
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249NEWSOil Prices Nears $120 After Fresh U.S. Sanctions On Russia
Oil prices climbed to almost $120 a barrel on Thursday, their highest in nearly a decade, as sanctions disrupted Russian oil sales....