Page 65 - Pec News Today

VATICAN CITY — Pope Francis on Saturday invoked “gestures of peace in these days...

KVIV, Ukraine — Ukrainian President Volodymyr Zelenskyy told Ukrainian media that the...

An arms-length relationship would better reflect the decline in both confluence of interests and strategic importance to the United States.

KYIV, Ukraine – Ukrainian President Volodymyr Zelenskyy said he spoke Saturday with the...

With the weaker demand outlook and the massive release of emergency oil reserves by IEA members, the agency now sees global markets in balance for much of the year

PARIS, April 13 — Global oil demand will be slightly lower than forecast this year in the wake of strict Covid lockdowns in China, the world’s biggest importer of crude, the International Energy Agency said today. Russian oil supply, meanwhile, is expected to continue to fall in April by 1.5...

Russian oil production fell in the first week of April by 4.5 percent compared to the March average—the steepest decline in output since May 2020

WASHINGTON, March 30 — The Biden administration is considering releasing up to 180 million barrels of oil over several months from the Strategic Petroleum Reserve (SPR), four US sources said yesterday, as the White House tries to lower fuel prices. The latest amount of US oil release being...

VIENNA, March 31 — The Opec group of oil producing countries and its Russia-led allies agreed on another modest oil output increase today, ignoring Western pressure to significantly boost production as the Ukraine conflict has rocked prices. The 13 members of the Saudi-led Organisation of...

DUBAI, March 29 — The energy ministers of Saudia Arabia and the United Arab Emirates, key members of Opec+, said today the producers’ group should not engage in politics as pressure mounted on them to take action against Russia over its invasion of Ukraine. Asked by the moderator at an industry...