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OPEC+ Meeting To Take Into Account Market Conditions: Report
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.

India Shares Defy Global Weakness, On Oil Slide To Close At New Record
Dec 23, 2022 12:55 AM
The 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.

India To Receive First LNG Cargo From Indonesia's Tangguh LNG
Dec 23, 2022 12:53 AM
The LNG cargo is being transported by the BW Helios tanker, said Olumide Ajayi, senior LNG analyst at Refinitiv.

CFMoto 800NK Revealed In Type Approval Documents
Dec 23, 2022 12:52 AM
Chinese brand CFMoto has a tie-up with KTM, and the CFMoto 800NK shares a version of the KTM 790 Duke’s engine, which is made for the Austrian brand by CFMoto.

U.S. Crude Turns Positive, Brent Pares Losses On OPEC+ Cut Rumors
Dec 23, 2022 12:50 AM
Price 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.

Wall St Falls As U.S. Crude Oil Shakes Off Losses
Dec 23, 2022 12:49 AM
While a surge in COVID cases and clashes between police and protesters across several major Chinese cities over the weekend helped push U.S. Treasury yields lower, that move had also reversed course in afternoon trading.

India Purchased 40% Of Seaborne Russian Urals Oil In November: Report
Dec 23, 2022 12:47 AM
Russian 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.
Western Governments Struggle To Agree On Russian Oil Price Cap
Dec 23, 2022 12:45 AM
The 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.

EU Inches Towards Deal On Russian Oil Price Cap This Week
Dec 23, 2022 12:43 AM
The 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.
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