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April 5, 2023
Russia has started to make ship-to-ship (STS) transfers of diesel near African ports as it seeks transatlantic sales, according…
April 5, 2023
The pricing would make Merdeka Battery's IPO the second largest in Indonesia this year
April 5, 2023
MOSCOW, April 5 (Reuters) – Russia has started to make ship-to-ship (STS) transfers of diesel near African ports as it seeks transatlantic sales, according to traders and Refinitiv Eikon data. A full EU...
April 5, 2023
European banks are increasingly resorting to bespoke deals with investors such as hedge funds to offload some of the risks associated with their...
April 4, 2023
This isn’t the first time the World Bank has warned of a lost decade. In 2021, the lender said the Covid-19 pandemic raised the prospect owing to lower trade and investment caused by uncertainty over the pandemic. It issued similar warnings after the 2008
April 4, 2023
Nigerias earnings from crude oil export jumped by N337 billion in March, reaching N1.8 trillion. This happened as the country increased crude oil output to 1.6 million barrels per day in March, up from 1.3 million barrels per day in February. | Pulse Ghana
April 3, 2023
Russias largest oil producer Rosneft and Indias top refiner Indian Oil Corp agreed to use the Asia-focused Dubai oil price benchmark in their latest deal to deliver Russian oil to India, three... | April 3, 2023
April 3, 2023
Russia's largest oil producer Rosneft and India's top refiner Indian Oil Corp agreed to use the Asia-focused Dubai oil price benchmark in their latest deal to deliver Russian oil to India, three sources familiar with the deal said.
April 3, 2023
The decision by the two state-controlled companies to abandon the Europe-dominated Brent benchmark is part of a shift of Russias oil sales towards Asia after Europe shunned Russian oil following Russias invasion of Ukraine more than a year ago.
April 3, 2023
Both benchmarks are denominated in dollars and set by S&P Platts, a unit of U.S.-based S&P Global Inc, but Brent is mostly used by European oil majors and traders, whereas Dubai is heavily influenced by Asian and Middle Eastern oil trading.