The West Rushes To Curb Russian Oil Revenue Without Increasing Prices
The West is scrambling to curb Russia’s oil revenue, but finding a solution could be difficult as crude prices continue to rise
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The West is scrambling to curb Russia’s oil revenue, but finding a solution could be difficult as crude prices continue to rise
There's evidence out there of "economic stress" being caused by the high prices, Vitol's Mike Muller said in a Sunday podcast.
RIYADH: The global surge in fuel price is starting to have negative effects on demand, according to a senior executive of the world’s biggest oil dealer. Mike Muller, who is the head of Asia at Vitol Group, recently told a Dubai-based media Gulf Intelligence that consumers are being badly affected by the price hikes of gasoline, diesel and other oil products. “There’s very
The world’s biggest independent oil trader says economic stress is causing demand destruction in oil and gas
The agreement would resume oil-for-debt swaps that have been halted for two years after the US imposed sanctions on Venezuela.