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By Anthony Di Paola (Bloomberg) — Iran’s seizure of two Greek oil tankers in the Persian Gulf raises the risk of further interruptions to shipments from a region that’s a vital...
The United Arab Emirates has started shipping rare cargoes of oil toward Europe, where crude buyers are snubbing imports from Russia in the wake of the nation’s invasion of Ukraine.
Even group leader Saudi Arabia did not increase output by as much as allowed by their agreed quota.By Grant Smith and Julian LeeBloombergPublished On
The oil cartel has struggled for months to revive oil supplies halted during the coronavirus pandemic.
By Prejula Prem (Bloomberg) European refiners are planning to send more diesel than usual to the U.S., where inventories of the fuel are low and a cold snap has gripped...