Tag Archives: Petroleum

More and more oil tankers are turning off identification systems to transfer Russian oil undetected. And, so that there is no trace of the transaction, European countries will be paying in yuan, probably to India, for the oil that Europe does not want to buy to harm the economy of …

Oil prices plummeted on Wednesday on news of a plan drawn up by US President Joe Biden to cut fuel costs for motorists and amid concerns of a possible economic downturn following recent increases. interest rates by the central bank, which also weighed on equities. At around 11:50 am ET, …

Oil prices plummeted on Wednesday on news of a plan drawn up by US President Joe Biden to cut fuel costs for motorists and amid concerns of a possible economic downturn following recent increases. interest rates by the central bank, which also weighed on equities. At around 11:50 am ET, …

Chinese imports of Russian oil rose 55% year-on-year in May, at a time of Western sanctions against Russia over the invasion of Ukraine, according to official data published on Monday. The world’s second-largest economy imported 8.42 million tonnes of oil from Russia, surpassing fuel shipments from Saudi …