Indian refiners are set to reduce the number of spot market tenders for crude oil purchases next month as Russian…
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Russian oil refers to the crude oil extracted and produced in the Russian Federation, which is one of the world’s largest oil producers. The country has significant reserves of both conventional and unconventional oil, with most of its production concentrated in Western Siberia. Russian oil is mostly exported, and it plays a crucial role in supplying global energy markets.
Indian refiners are set to reduce the number of spot market tenders for crude oil purchases next month as Russian…
Russian special forces have reportedly used an abandoned gas pipeline to strike Ukrainian units in the Kursk region of Russia,…
Africa’s largest oil refinery, the Dangote facility in Nigeria, could reach its full operational capacity by next month, according to…
BP is preparing to invest up to $25 billion in Iraq’s Kirkuk oil and gas fields, according to a senior…
Shell has resumed oil and gas production from the Penguins field in the UK North Sea using a new floating,…
Oil prices increased on Friday, continuing a positive trend toward a fourth consecutive weekly gain. The rise was largely driven…
Former President Donald Trump unveiled a significant investment initiative aimed at bolstering artificial intelligence (AI) infrastructure in the U.S. The…
Crude oil prices closed at $75.44, marking a decline of $0.39, or 0.51%, for the day. This represents a 6.60%…
Brent crude oil prices have faced resistance in the $80.90 to $81.89 per barrel range, following a significant rise since…
As 2024 comes to a close, it’s the season for pundits to weigh in on predictions, trends, and hot topics.…
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