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Reuters
Dec 31, 2022, 5:33 PM
OPEC+'s October decision to reduce production by two million barrels per day (bpd) had played an important role in stabilising global markets, Saadoun, who serves as Iraq's delegate to OPEC, said.
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Reuters | Dec 31, 2022India Shares Defy Global Weakness, On Oil Slide To Close At New RecordThe NSE Nifty 50 index rose 0.27% to settle at 18,562.75, and the S&P BSE Sensex climbed 0.34% to end at 62,504.80, with both notching closing highs for the third straight session.1 min read
Reuters | Dec 31, 2022India To Receive First LNG Cargo From Indonesia's Tangguh LNGThe LNG cargo is being transported by the BW Helios tanker, said Olumide Ajayi, senior LNG analyst at Refinitiv.1 min read
Reuters | Dec 31, 2022U.S. Crude Turns Positive, Brent Pares Losses On OPEC+ Cut RumorsPrice action was volatile. U.S. West Texas Intermediate (WTI) crude settled up 96 cents, or 1.3%, at $77.24, after earlier touching its lowest since December 2021 at $73.60.2 mins read- Reuters | Dec 31, 2022U.S. Crude Turns Positive, Brent Pares Losses On OPEC+ Cut RumorsPrice action was volatile. U.S. West Texas Intermediate (WTI) crude settled up 96 cents, or 1.3%, at $77.24, after earlier touching its lowest since December 2021 at $73.60.2 mins read
Reuters | Dec 31, 2022Oil Prices Slid 2% As Dollar Firms And Central Banks Hike Interest RatesAfter rising for three straight days, Brent futures fell $1.49, or 1.8%, to settle at $81.21 a barrel, while U.S. West Texas Intermediate (WTI) crude fell $1.17, or 1.5%, to settle at $76.11.2 mins read
Reuters | Dec 31, 2022India Purchased 40% Of Seaborne Russian Urals Oil In November: ReportRussian Urals oil shipments to India accounted for about 40% of the total sea exports of Urals in November, not including the transit of oil from Kazakhstan, which is sold as KEBCO, Reuters calculations showed.2 mins read
Reuters | Dec 31, 2022Western Governments Struggle To Agree On Russian Oil Price CapThe plan is meant to punish Russia while at the same time keeping its vast petroleum exports flowing to energy-starved global markets to tamp down inflation.3 mins read
Reuters | Dec 31, 2022EU Inches Towards Deal On Russian Oil Price Cap This WeekThe deadline for a deal is Dec. 5 because that is when the EU's own full embargo on purchases of Russian seaborne oil, agreed at the end of May, kicks in.3 mins read
