OIL

G7’s Russian oil price cap not working – FT
Business

G7’s Russian oil price cap not working – FT

The $60-a-barrel limit is not being enforced, an EU official has claimed ©  Getty Images/aapsky The price cap on Russian…
Pentagon using ‘banned’ Russian oil – WaPo
Business

Pentagon using ‘banned’ Russian oil – WaPo

Forbidden petroleum products have continued to flow to the US military through a Greek refinery, the outlet says ©  Getty…
Russia set for $75 billion surplus – Bloomberg
Business

Russia set for $75 billion surplus – Bloomberg

Recovering oil exports have boosted cash inflows, data shows ©  Getty Images/Irina Tiumentseva Russia’s current account surplus has increased sharply,…
Geopolitical risks at highest in half a century – Baker Hughes
Business

Geopolitical risks at highest in half a century – Baker Hughes

The potential spread of the Israel-Hamas conflict threatens global oil supplies, the CEO of the energy services firm has said…
Oil could hit $120 next year – Fitch Ratings
Business

Oil could hit $120 next year – Fitch Ratings

The spike in energy prices could be a result of the escalating Middle East conflict, according to a new report…
Oil giant sues Greenpeace
Business

Oil giant sues Greenpeace

Shell is reportedly seeking over $2 million in damages after protesters boarded its floating oil production vessel Greenpeace action on…
Russia’s oil and gas revenues hit 18-month high
Business

Russia’s oil and gas revenues hit 18-month high

Soaring crude prices have boosted Moscow’s income from energy exports, according to Rossiyskaya Gazeta   ©  Sputnik/Maksim Bogodvid Russia’s proceeds…
US may target Iranian crude – strategist
Business

US may target Iranian crude – strategist

Washington suspects Tehran of backing Hamas in its conflict with Israel © Getty Images / USO Washington is likely to tighten…
Oil prices spike amid Israel incursion
Business

Oil prices spike amid Israel incursion

The IDF has said it is broadening its ground operations in Gaza © Getty Images / Oselote Oil and metals markets…
Oil price spikes as Middle East tensions rise
Business

Oil price spikes as Middle East tensions rise

The escalation of the Israeli-Palestinian conflict has sparked fears over potential oil supply disruptions in the region ©  Getty Images…
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