The finance ministers of the Group of Seven (G7) pledged to increase efforts to prevent Russia from circumventing sanctions related to the oil price...
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On 17 May 2024, the European Commission issued an alert regarding potential circumvention of price caps on Russian-origin crude oil and petroleum products, specifically Urals and Eastern Siberia Pacific Ocean crudes. This alert highlights the risks of trading Russian oil near the US$60 per barrel cap amid fluctuating global oil prices.
The finance ministers of the Group of Seven (G7) pledged to increase efforts to prevent Russia from circumventing sanctions related to the oil price...
The crisis in Libya began in August 2024, with ongoing efforts by various factions to gain control of the Central Bank of Libya (CBL) posing a clear...
Local markets are sluggish this morning, as crude oil prices plummet and Paladin's production issues weigh on the Energy sector. ...
West Texas Intermediate prices struggled to capitalise on Monday’s modest gains and oscillated in a narrow band, around the $69.70-69.75 area on...
Group commits to unspecified measures to enforce price cap on Russian exports in response to Ukraine war
Oil prices are predicted to fall as Israel's strike on Iran over the weekend avoided key oil and nuclear sites, ensuring no disruption to energy...
…NURPC has managed transition effectively with minimal operational disruptions. …Success of project one million barrel of oil per day initiative...
The ongoing tensions between Israel and Iran have escalated dramatically in recent weeks, particularly following Iran's missile strikes on Israel....
The ongoing crises in Ukraine and the Middle East are reshaping global energy and trade landscapes. Russia and Ukraine occupy strategic positions in...
Soyoil futures in Chicago fell sharply on Monday October 28, borrowing weakness from plunging crude prices, and erased the bulk of gains accumulated...