International

Rates for transporting 2 million barrel cargoes from Saudi Arabia to China has jumped to almost $26.000 a day.

One of Exxon Mobil Corp.‘s largest shareholders. Legal &. General Group Plc. has divested 19 of its funds from the company and will ask its clients if it can withdraw more money. saying the oil and gas producer isn’t adequately addressing climate change.

The European Council expresses serious concerns over Turkey'.s current illegal drilling activities in the Eastern Mediterranean.

It will examine if it was neccessary for the Lithuanian Power Plant to provide strategic reserve services in exchange for payments between 2013 to 2018.

The crisis in the eastern Mediterranean also affected the EU enlargement plans.

The market is downbeat. but an even deeper slide is possible.

The two oil tankers which were attacked in the Sea of Oman on Thursday have left Iranian waters. adding that their crew members too will leave Iran last night..

U.S. production numbers are going to continue for quite some time.

In 2018. India imported the third-highest volume of crude oil by value after China and the United States.

Gazprom Neft. Repsol and Shell have signed a memorandum of understanding at this year’s St. Petersburg International Economic Forum.