Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
A barrel of U.S. crude sank 92 cents Friday to settle at $90.79, but it’s still up sharply from $70 in June.
About 400 crude oil vessels, or 20% of the global fleet, have “switched” from mainstream trades to “ostensibly do Russian business,” co-head of oil trading Ben Luckock said in an interview on Bloomberg Television.
Source: https://www.insurancejournal.com/news/international/2023/02/06/706191.htm
According to him, crude oil pipeline vandalism and destruction of vessels carrying illegal goods/stolen crude oil, did not make any sense.
According to him, crude oil pipeline vandalism and destruction of vessels carrying illegal goods/stolen crude oil, did not make any sense.
According to OPEC August report, Nigeria’s crude grade, Bonny Light, against which all other crude grades produced by the country were priced, was sold for $80 per barrel in July.
Source: https://punchng.com/fg-loses-n1-9tn-to-oil-theft-in-july-report/
According to OPEC August report, Nigeria’s crude grade, Bonny Light, against which all other crude grades produced by the country were priced, was sold for $80 per barrel in July.
Source: https://punchng.com/fg-loses-n1-9tn-to-oil-theft-in-july-report/
A European ban on imports of diesel fuel and other products made from crude oil in Russian refineries takes effect Feb. 5. The goal is to stop feeding Russia's war chest, but it's not so simple.
Source: https://ktar.com/story/5428293/will-europes-ban-on-russian-diesel-hike-global-fuel-prices/
A Gabon-flagged commercial crude oil tanker with 25 Indian crew members also came under a drone attack in the Southern Red Sea on Saturday but no one was injured, according to Indian officials and the US military.
A joint team of soldiers, personnel of the Nigeria Security and Civil Defence Corps and operatives of Tantita intercepted the vessel after it was spotted loading crude oil from a well head off the coast of Ondo State.
All we need to see now are signs of cooling price pressures and perhaps less heat in the labour market in order for crude to potentially break higher.
Source: https://www.marketpulse.com/20230301/china-pmis-boost-oil-gold-creeps-higher/cerlam
A lower volume of crude oil movements has been insufficient to push the rates higher in the spot market.
Also, Iran last year expanded its role in Venezuela, also under U.S. sanctions, sending supplies of light oil for refining and diluents to produce exportable crude grades.
Source: https://gcaptain.com/iranian-oil-exports-end-2022-at-a-high-despite-no-nuclear-deal/
Analysts surveyed by The Wall Street Journal had predicted crude stockpiles would decrease by 2.4 million barrels.
And I will elaborate on a few of these catalysts in this article, including the need to replenish our strategic petroleum reserve, record-low crude oil stocks, and persisting inflation.
Source: https://seekingalpha.com/article/4604935-exxon-mobil-75-oil-wont-last?source=feed_all_articles
An estimated 10 billion barrels of crude oil and over $500 billion (N209 trillion) in monetization could be earned by Nigeria from the six Oil Mining Leases (OMLs) the government renewed for 20 years under the agreement.
Source: https://newsdiaryonline.com/increased-production-output-kyaris-reform-signature-at-nnpc-ltd/
A new report details wide-ranging safety concerns at the Valdez Marine Terminal, seen here, where North Slope crude oil is offloaded onto ocean tankers.
A notorious example of a deepfake or 'cheapfake' was a crude impersonation of appearing to surrender to Russia in a video widely circulated on Russian social media last year.
Appearing on Vikerraadio show "Vikerhommik" Wednesday morning, Raamat said that Tuesday's fuel price rises in Estonia related to the global price of crude oil.
As crude oil prices surge, experts are starting to bet on a barrel of oil hitting the coveted $100 mark.
As for the second agreement, it is estimated at US$100 million, or about 314 million dinars, which will be allocated to contribute to financing the import of crude oil and petroleum products for the benefit of the Tunisian Company for Refining Industries.