The EU has frozen as much as $13.8 billion in Russian assets since the start of the war in Ukraine.
Iraq’s 150,000 Bpd Oil Export Boost DelayedRising Oil-Fired Power Generation In Saudi Arabia Could Weigh On Global Supply20 hoursUK Approves 25% Windfall Tax On Oil And Gas ProducersAPI Reports Large Inventory Build As Oil Falls Back Below $100IEA Director: Price Cap On Russian Oil Should Extend To FuelsOPEC Remains 1 Million Bpd Below TargetThe White House Believes OPEC Has The Capacity To Boost ProductionOil Prices Rebound Following Morning DropExxon CEO Says All New Cars Will Be Electric By...
MaintenanceCanada Agrees To Return Russian Turbine Despite New SanctionsPutin Predicts Catastrophic Consequences For The Global Energy MarketNorway Moves To Boost Natural Gas Production FurtherNatural Gas Pipeline Explodes Southwest Of HoustonShell Continues Exporting LNG From Australian Facility Despite StrikeBuffett Buys Another $700 Million In Occidental SharesChinese Imports Of U.S.
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IEA Director: Price Cap On Russian Oil Should Extend To Fuels | OilPrice.comhe G7 idea to place a price cap on Russian oil should include a cap on the prices of gasoline and diesel, too, Fatih Birol, Executive Director of the International Energy Agency (IEA)
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The EU Is Prepping Another Round Of Sanctions Against Russia | OilPrice.comThe European Union is already working on the seventh package of sanctions against Russia as it continues to try to punish Moscow for its invasion of Ukraine.
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OPEC Remains 1 Million Bpd Below Target | OilPrice.comThe ten OPEC producers in the OPEC+ pact pumped 24.8 million barrels per day (bpd) of crude oil in June, OPEC data showed on Tuesday, with production falling 1 million bpd short of the target levels.
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Copper Prices Plummet To Lowest Levels Since 2020 | OilPrice.comAs China weighs its next steps to manage COVID, it continues to look toward infrastructure to reach growth targets which could create volatility in markets moving forward.
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China’s Oil Imports Fell In June | OilPrice.comChina imported an estimated 9.2 million bpd of crude oil last month, according to calculations by energy analytics provider OilX, which was some 1.6 million bpd lower than imports for May.
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Biden: Inflation Data Does Not Reflect Impact Of Gasoline Price Decline | OilPrice.comU.S. President Joe Biden said on Wednesday that the June inflation data showing the highest inflation in the United States in more than 40 years is “out-of-date” because gasoline prices have been falling over the past 30 days
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