Tag: Oil
Oil gains on prospect of more sanctions on Russia; OPEC+ output hike seen modest
TOKYO — - Oil prices climbed more than $1 on Monday, regaining some of last week’s losses, helped by the prospect of more sanctions...
Oil shadow fleet grows on sanctions, Trafigura economist says
SINGAPORE — The shadow fleet of oil tankers has expanded following a slew of Western sanctions on Russia over its war in Ukraine, major...
OPEC+ will likely raise oil output further from October, sources say
LONDON/MOSCOW — OPEC+ will likely raise oil output on Sunday but probably add less oil from October than in recent months as global demand...
Ukraine says it attacked Druzhba oil pipeline in Russia’s Bryansk
KYIV — Ukraine attacked the Druzhba oil pipeline in Russia’s Bryansk region, inflicting “comprehensive fire damage”, the commander of its drone forces, Robert Brovdi,...
Iraq in talks with ExxonMobil on Asian refining capacities
BAGHDAD — Iraq’s state oil company SOMO is in advanced talks with ExxonMobil over a possible agreement to secure storage capacity in Singapore using...
