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Reuters

Nov 28, 2022, 3:52 PM

India's IOC Buys Nov Sokol Cargo At Near Parity To Dubai Benchmark - Report

Indian Oil Corp has purchased a cargo of Russia's Sokol oil for November delivery thorough a spot deal with a trading firm.

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  Reuters | Nov 28, 2022

  Russian Oil Cap Doubts Spur Insurer Fears Of Ships Left At Sea

  Oil-laden tankers risk being left languishing at sea if insurers do not urgently get clarity on an unfinished G7 and European Union plan to cap the price of Russian crude.

  4 mins read
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  Reuters | Nov 28, 2022

  Volkswagen: All Brands Have Halted Paid Activities On Twitter

  Volkswagen's brands have halted all paid activities on Twitter until further notice.

  1 min read
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  Reuters | Nov 27, 2022

  India Raises Windfall Tax On Crude Oil

  India has raised a windfall tax on crude oil to 10,200 Indian rupees ($125.22) per tonne from 9,500 rupees per tonne.

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  Reuters | Nov 27, 2022

  Europe Rushes To Fill Up On Russian Diesel Before Ban Begins

  European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited.

  2 mins read
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  Reuters | Nov 27, 2022

  Oil Rebounds From Early Plunge After Saudis Deny OPEC+ Output Report

  Oil prices rebounded from early losses after Saudi Arabia denied a report it was discussing an increase in oil supply with OPEC and its allies.

  2 mins read
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  Reuters | Nov 27, 2022

  Global Stocks, Oil Prices Slip As Rising COVID Cases Prompt Chinese Lockdowns

  Global stocks and oil prices slipped as a spike in COVID-19 cases and newly recorded deaths in China prompted authorities to reinstate lockdowns.

  2 mins read
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  Reuters | Nov 27, 2022

  Oil Rises 1% As OPEC+ Focus On Supply Cuts Outweighs Recession Concerns

  Oil prices rose about 1% after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take further steps to balance the market.

  2 mins read
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  Reuters | Nov 27, 2022

  Indian Refiners Becoming Wary Of Buying Russian Oil As EU Sanctions Loom - Report

  Indian refiners are wary of buying Russia crude oil loading after Dec. 5 when European Union sanctions take effect, pending clarity on the proposed G7 price cap mechanism.

  2 mins read