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This Is What Drove the Recent Oil Price Rally

Macquarie strategists outline that a combination of factors drove the recent oil price rally. ....

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India's influence in global oil products market up since 2022: IEA

India Business News: BETUL (GOA): India’s role as a global swing supplier of refined petroleum products has risen since 2022 as the loss of Russian exports to European mar. ....

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Top ocean shipping stories of 2023: War, drought and detours

Ocean shipping kept the world’s cargo flowing amid two wars and disruptions at both the Panama and Suez canals. The post Top ocean shipping stories of 2023: War, drought and detours appeared first on FreightWaves. ....

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Slovak Leader Confirms EU Extended Exemption on Selling Fuels From Russian Oil to Czechia

Slovak Prime Minister Robert Fico confirmed on Wednesday that his country would continue refining Russian crude and exporting fuels to the Czech Republic, after the European Union extended its exemption as part of the bloc s 12th package of Russia sanctions. ....

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NV's probe into Russia's ingenious oil sanction evasion

Despite the G7 and EU’s imposition of a $60 per barrel price ceiling on Russian oil, the Kremlin continues to roll in the petrodollars, highlighting Moscow’s adeptness at navigating financial restrictions tied to its critical budgetary reliance on oil, experts told NV. ....

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