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Friday, September 19, 2025
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Oil

WORLD NEWS

Oil from deteriorating tanker moored off Yemen has been transferred, UN says

Digital Desk -
The transfer of 1.1 million barrels of oil from an aging tanker moored off the coast of war-torn Yemen has been completed, avoiding an...
RUSSIA

Russia’s key gas exporter Gazprom announces 41% fall in profits

Digital Desk -
Gazprom, the state-owned natural gas company that is a pillar of Russia’s economy, announced on Tuesday that its profit for 2022 plunged by more...
WORLD NEWS

Saudi Arabia risks angering US as it announces cut in oil production

Digital Desk -
Saudi Arabia says it will cut oil production by 500,000 barrels per day from May until the end of 2023. Higher oil prices would help...
RUSSIA

Russian oil cap begins as West increases pressure on Putin over Ukraine

Digital Desk -
Western countries have begun imposing a 60 dollars per barrel price cap and a ban on some types of Russian oil, part of new...
EUROPE

Poland repairs oil pipeline leak and says pumping will resume

Digital Desk -
The Polish operator of an oil pipeline said that it was repairing damage that caused a leak earlier this week to the main source...
MARKETS

Opec+ makes big oil cut to boost prices

Digital Desk -
The Opec+ alliance of oil-exporting countries has decided to sharply cut production to support sagging oil prices. Energy ministers meeting at the Vienna headquarters of...
WORLD NEWS

20 dead as bus rams into oil tanker in Pakistan

Digital Desk -
A passenger bus has crashed into an oil tanker on a highway in eastern Pakistan, bursting into flames and killing at least 20 people. Police...
BUSINESS

Fuel price dips below four dollars in US for first time in five months

Digital Desk -
Fuel prices in the US dipped to just under the four dollar mark for the first time in more than five months. AAA said the...
ECONOMY

EU wrestles with Russia oil embargo as leaders gather for summit

Digital Desk -
European Union leaders are gathering in a new show of solidarity with Ukraine. However, divisions over whether to target Russian oil in a new series...
EUROPE

EU leader calls for Russian oil ban in new set of sanctions

Digital Desk -
The European Union’s leader has called on the 27-nation bloc to ban oil imports from Russia in a sixth package of sanctions targeting Moscow...
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