Tag: Oil
Oil extends losses by 1 percent as OPEC+ to consider another output hike
Oil prices declined by 1 percent on Thursday, extending the more than 2 percent decline of the previous session, as investors and traders looked...
US imposes sanctions on network for transporting Iranian oil
WASHINGTON — The US Treasury Department on Tuesday sanctioned a network of shipping companies and vessels led by an Iraqi-Kittitian businessman for smuggling Iranian...
Oil dips but holds near one-month high on US sanctions
SINGAPORE —Oil prices eased in Asia on Wednesday but held near one-month highs on the back of new US sanctions on a network of...
Oil rises as Ukraine war stokes supply worries, market eyes prospects of Fed easing
Oil prices rose on Tuesday as concerns about supply disruptions grew amid an escalation of the conflict between Russia and Ukraine, and as the...
Indian oil minister denies country is profiteering from Russian imports
NEW DELHI — India is not “profiteering” from Russian oil imports and its purchases have stabilised markets while keeping prices from rising to as...
