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" Crude"

502 results

War in Ukraine - Economy
6/1/2022 10:29:59 AM
Even as the European Union decided to reduce Russian crude oil imports by 90% by the end of the year, Italy has become the only country in Europe to increase them, an unintended consequence of EU sanctions against Russia.

War in Ukraine - Economy
5/5/2022 12:25:40 PM
OPEC and allied oil-producing countries, including Russia, are weighing conflicting forces Thursday as they decide how much crude should flow to volatile global markets. Europe's proposal to phase out Russian oil and other Western sanctions are choking back supply, while COVID-19 shutdowns in China are cutting demand.

World - Region
4/2/2022 12:23:38 PM
Iraq exported $11.07 billion of oil last month, the highest level for half a century, as crude prices soared amid shortfall fears following Russia's invasion of Ukraine, the oil ministry said.

Business - Economy
3/28/2022 2:09:04 PM
The United Arab Emirates' energy minister doubled down Monday on an oil alliance with Russia that's helped buoy crude prices to their highest in years as Moscow's war on Ukraine rattles markets and sends energy and commodity prices soaring.

War in Ukraine - Economy
3/21/2022 3:58:54 PM
Oil prices rallied Monday on renewed supply fears as the EU debates banning Russian crude imports and following a weekend attack on Saudi facilities.

War in Ukraine - Economy
3/7/2022 8:45:27 AM
The price of oil jumped more than $12 a barrel and shares were sharply lower Monday as the conflict in Ukraine deepened amid mounting calls for harsher sanctions against Russia.

World - Region
3/3/2022 6:45:19 PM
Oil-rich Iran says it is ready to step up its crude exports once US sanctions are lifted if talks to revive the 2015 nuclear deal succeed, official media reported Thursday.

War in Ukraine - Economy
3/2/2022 9:56:46 AM
Crude surged past $110 a barrel Wednesday and equities sank with investors growing increasingly fearful about the Ukraine war's impact on global energy supplies and the economic recovery.

War in Ukraine - Economy
3/1/2022 8:26:26 PM
World oil prices again soared Tuesday and European and US equities sank with investors unnerved by key crude producer Russia's attack on Ukraine.

Business - Energy
2/22/2022 6:07:55 PM
Oil prices surged close to $100 per barrel Tuesday as major crude producer Russia prepared to send troops into two breakaway regions of Ukraine, sparking Western nations to ready economic sanctions against Moscow.

World - International
2/2/2022 11:43:09 AM
Oil cartel OPEC and allied countries are deciding how much oil to feed into the global economy as crude prices hover near seven-year highs, spiking gasoline costs and fears of a Russian military move against Ukraine add to jitters over supply

World - Region
1/19/2022 2:23:29 PM
Turkey's state oil operator said on Wednesday it had resumed crude flows through a ruptured pipeline linking Iraqi energy fields with international markets.

World - Region
1/19/2022 9:00:00 AM
A delegation led by South Korea's president visiting Saudi Arabia inked a preliminary deal Tuesday to explore a project to develop a potentially cleaner form of energy. The development comes even as Saudi Arabia remains South Korea's top supplier of crude oil.

World - Region
12/27/2021 2:18:58 PM
Iran insisted on Monday that the United States and its allies promise to allow Tehran to export its crude as negotiations on restoring the tattered nuclear deal were to resume in Vienna.

Business - Energy
12/20/2021 12:12:01 PM
World oil prices fell by more than five percent on Monday, as energy demand fears grew over the fast-spreading Omicron coronavirus variant. In morning deals, Brent North Sea crude tumbled 5.1 percent to $69.79 per barrel and New York's West Texas Intermediate oil lost 5.7 percent to $66.84.

Business - Energy
11/30/2021 9:33:43 AM
OPEC+ oil producers meet Thursday under pressure from US President Joe Biden, who has opened up his country's taps hoping to bring down crude prices, and a new Covid-19 variant that has complicated the equation.

World - Region
11/15/2021 11:39:05 AM
The UAE, one of the world's top crude exporters, said a recent UN climate summit in Glasgow was a "success" but that the world needs to keep investing billions in oil and gas.

World - International
10/9/2021 1:56:11 PM
After a crude oil sheen was detected on the waters off the Southern California coast, environmentalists feared the worst: A massive spill that would wreck the ecosystem.

World - Region
9/1/2021 6:48:58 PM
Oil prices were trading lower ahead of the meeting. The price of oil fell 1.6% to $67.40 per barrel on the New York Mercantile Exchange, while Brent crude, an international benchmark, fell 1.4% to $70.67 per barrel

Business - Energy
8/23/2021 6:55:26 PM
The report indicated an increase in production in the extraction sector (crude oil, gas, and other extractions) and the petroleum refining industry by 10 percent at current prices to about EGP 1.31 trillion in FY2021/22

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