Europe Cuts Dependency On Russian Gas By 21%
Amid geopolitical tensions, the EU is successfully diversifying its gas supply, reducing its reliance on Russia and increasing imports from other countries.
Source: oilprice.com
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Huge Jump In Crude Inventories Sends Oil Prices Tumbling
A large build in crude oil inventories increased downward pressure on crude prices on Wednesday afternoon
Source: oilprice.com
oil prices: Oil prices fall again; demand worries outweigh tight supply
Brent crude oil futures fell 68 cents, or 0.8%, to $85.19 a barrel by 11:07 a.m. ET (1507 GMT). U.S. West Texas Intermediate crude futures were 67 cents, or 0.8%, lower at $83.55. At their session lows, both benchmarks were down more than $1.
Source: indiatimes.com
Oil Prices: Oil prices extend rapid descent on demand worries
Oil prices dropped by 2% as concerns about uncertain demand outweighed the decision by OPEC+ to maintain oil output cuts. Brent crude futures have fal
Source: indiatimes.com
India requests Opec to go easy on output cuts
Petroleum and natural gas minister Hardeep Singh Puri has urged the Organization of the Petroleum Exporting Countries to show sensitivity to oil consuming-nations and curb output cuts.
Source: livemint.com