Russian oil

Trump and Turkey’s Erdogan Discuss F-35s, Russian Oil

Trump and Turkey’s Erdogan Discuss F-35s, Russian Oil/ Newslooks/ WASHINGTON/ J. Mansour/ morning Edition/ President Donald Trump welcomed Turkish President Recep Tayyip Erdogan to the White House, signaling possible progress…

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Trump Slaps Extra 25% Tariff on Indian Imports to Be Combined 50%

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Saudi Arabia and Russia cut oil supply again

Oil producers’ cuts could boost gasoline prices

April 3, 2023

Oil prices jumped about $5 per barrel as trading opened in Asia Monday morning, with Brent Futures crude prices jumping about 6.3 percent to $84.95 a barrel, its highest price…

Russia says it will cut oil over Western caps

February 10, 2023

The Kremlin said on Friday that Russia had held talks with some members of the OPEC+ group regarding its decision to cut oil production by 500,000 barrels per day in…

Oil major TotalEnergies doubles annual profit to $36B

February 8, 2023

French oil major TotalEnergies (TTEF.PA) posted a record net profit of $36.2 billion in 2022, double the previous year, joining in the sector’s bumper earnings thanks to higher oil and…

India signals it will continue to buy oil from Russia

December 5, 2022

India’s foreign minister Subrahmanyam Jaishankar has signaled that his country will continue to buy oil from Russia, even as Western governments press Moscow with a price cap on its oil…

What’s the effect of Russian Oil Price Cap, Ban?

November 24, 2022

The Western nations imposed a price cap on Russian oil that will be effective on December 5, the same day the European Union will start a boycott on most Russian…

EU agrees to impose price cap for Russian oil

October 5, 2022

EU agrees to impose price cap for Russian oil Newslooks-BRUSSELS (AP) European Union countries agreed Wednesday to impose a price cap on Russian oil and other new sanctions after Moscow…

Europe’s central bank backs larger-than-expected rate hike

July 21, 2022

Europe’s central bank backs larger-than-expected rate hike Newslooks- FRANKFURT, Germany (AP) The European Central Bank raised interest rates Thursday for the first time in 11 years by a larger-than-expected amount,…

Italy imports more Russian oil despite impending embargo

June 1, 2022

Italy has been left with no other real choice, but to keep buying Russian crude oil, in hopes to keep the country’s largest refinery, located in Sicily, open and running,…

Italy finds way around sanctions on Russian oil

May 31, 2022

Although the European Union has announced sanctions on Russian oil, Italy has apparently found a way around them. The country said it is able to accept rubles on the market…

If Europe cuts off Russian oil, what’s the impact ?

April 21, 2022

The 27-member European Union is finding that reversing decades of Europe’s dependence on Russian oil and natural gas is not a simple matter, the infrastructure is just not there to…

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