Increasing Covid fears in China and a lack of clarity over the Group of...
Oil Prices Gain Slightly after 4% Drop Last Night over OPEC+ Output Decision and US Crude Inventories Gain
Oil prices slightly bounced back after plunging 4% last night as U.S. data showed...
“Impossible to Replace EU Gas Supplies with LNG,” Shell CEO Warns amid Problematic Winter
Shell CEO Ben van Beurden said that it is impossible to replace Russian gas...
China Oil Imports from Russia Up 55% to Record High in May
China’s crude oil imports from Russia rose 55% to a record level in May,...
Russia Will Find Other Importers after EU Oil Embargo
Russia said that it will find other importers after the European Union leaders agreed...
Crude Price Steady as Demand Cutback from China Expected to See Rebound
Crude oil prices remained stable on Friday as worries ease of demand cutback from...