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Reuters

Dec 24, 2022, 11:46 PM

Oil Slides Over 3% On Russian Price Cap Talks, U.S. Gasoline Build

Oil prices fell more than 3% continuing a streak of volatile trading, as the Group of Seven (G7) nations considered a price cap on Russian oil above the current market level.

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  Reuters | Dec 24, 2022

  Proposed G7 Oil Price Cap To Have Little Immediate Impact On Russian Revenue

  G7's proposed price cap of $65-$70 a barrel on Russian oil would have little immediate impact on Moscow's revenues, as it is broadly in line with what Asian buyers are already paying.

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  Reuters | Dec 24, 2022

  Turkish Strikes Hit Oil Installations In Northern Syria - Report

  Turkish drones are targeting key oil installations run by the Kurdish-led Syrian Democratic Forces (SDF) in northeast Syria.

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  Reuters | Dec 24, 2022

  Russia Says It Won't Accept Oil Price Cap And Is Preparing Response

  Russia "will not accept" a price cap on its oil and is analysing how to respond, the Kremlin said.

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  Reuters | Dec 24, 2022

  Biden Not Planning To Speak To Putin For Now, G7 Agrees Oil Price Cap

  Biden does not intend to speak to Putin about ending the Ukraine war as conditions for such discussions currently do not exist, the White House said.

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  Reuters | Dec 24, 2022

  Bosch To Beat Forecasts, Double Down On India - Report

  Bosch is set to earn more than 87 billion euros in revenues in 2022

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  Reuters | Dec 24, 2022

  Redwood Materials Joins Electric Vehicle, Battery Trek To South Carolina

  Redwood said it will build a $3.5 billion battery materials campus in Ridgefield, about 30 miles (48.28 km) northwest of Charleston, that will recycle, refine and remanufacture cathode and anode materials

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  Reuters | Dec 24, 2022

  Oil Dips 1.5% Ahead Of OPEC+ Meeting, EU Russian Oil Ban

  Oil futures slipped 1.5% in choppy trading ahead of a meeting of the Organization of the Petroleum Exporting Countries and its allies (OPEC+).

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  Reuters | Dec 24, 2022

  Oil Rises As China Eases COVID Curbs, Dollar Weakens

  Oil prices rose about a dollar per barrel after top crude importer China eased COVID curbs in two major cities.

  2 mins read