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Reuters
Dec 31, 2022, 5:22 PM
The OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change.
2 Min
Reuters | Dec 31, 2022Factbox - Western Governments Struggle To Agree On Russian Oil Price CapWestern governments want to set a maximum purchase price for Russian oil on the world market to limit Moscow’s ability to raise money for its war on Ukraine.3 mins read
Reuters | Dec 31, 2022India To Continue Buying Russian Oil, Ministry Source SaysIndia will continue buying Russian oil and even look for term contracts as sanctions allow purchases provided that Western services are not used.2 mins read
Reuters | Dec 31, 2022Reliance Makes Rare Buy Of Russian Naphtha, Ups Fuel Oil ImportsReliance Industries is snapping up Russian refined fuels, including rare purchases of naphtha, after some Western buyers stopped Russian imports.2 mins read
Reuters | Dec 31, 2022Essar Group Plans Rs. 40,000 Cr. Petrochemical Complex In OdishaEssar Group plans to set up a Rs. 40,000 cr. petrochemical complex in the eastern state of Odisha in a tie-up with a global player.0 mins read
Reuters | Dec 31, 2022G7 Coalition Agrees $60 Per Barrel Price Cap For Russian OilG7 nations and Australia said they had agreed a $60 per barrel price cap on Russian seaborne crude oil.3 mins read
Reuters | Dec 31, 2022Oil Prices Climb On Tight Supply WorriesOil prices rose by as much as $1 per barrel after dropping below key technical support levels in the previous session, as an energy standoff between Europe and Russia focused investor minds on how tight fuel supply may become.2 mins read
Reuters | Dec 31, 2022Chip Maker Wolfspeed To Build New U.S. Factory To Meet Surging EV DemandWolfspeed will build a new multi-billion dollar factory in Chatham County, North Carolina to make the raw materials used for chips that power things like electric vehicles.2 mins read
Reuters | Dec 31, 2022Oil Rises 4% On Supply Threats, Still Set For Weekly DropOil prices rose about 4% supported by real and threatened cuts to supply, although futures posted a second weekly decline.3 mins read
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