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Increased exports of oil from the United States into Europe and Asia mean U.S. crude has snatched back its primacy in setting international pricing after North Sea grades have for decades determined...
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
Diesel is an important alternative fuel for power generation. Read more at straitstimes.com.
India requires five million barrels of oil per day, and so, it must continue to look out for the best discounted deals it can get, as per prevailing global rules.
The G7 wants to introduce a price cap mechanism on Russian oil exports by December 5, Reuters reports Read Full Article at RT.com