Page 44 - Energy Intelligence News Today

The European Union has no plans to revise the $60 price cap imposed on Russian oil exports even though Russian crude is selling above the cap. "There is no movement currently in the Council [of the European Union] with the oil price cap," an unnamed ...

It's not just due to the West's sanctions against Russia. Other reasons include US monetary policies, a strong USD, and global trade diversification.

It's not just due to the West's sanctions against Russia. Other reasons include US monetary policies, a strong USD, and global trade diversification.

Little known Dubai and Hong Kong-based traders now dominate Russian oil trade, with traditional giants being pushed out of the limelight.

BlackRock announced Monday that it has appointed Amin Nasser, CEO of Saudi Arabia's state-owned Saudi Aramco, to its board of directors.

The oil market is torn between two conflicting plays of propping up prices or increasing market share

The Baltic states of Estonia and Lithuania have set a target to decouple from the Russian power grid in early 2025, ending three decades of dependence on Moscow

Renewable energy is being put in the spotlight.

Kremlin-controlled gas giant Gazprom has maintained gas flows to Europe via Sokhranovka point despite an ongoing transit dispute with Ukraine’s Naftogaz

Rashid Husain Syed | Iran's oil exports at five-year high and crude oil markets torn between rising Iranian oil exports and OPEC+ production cuts