Tag: Oil
EU working on possible Russian oil embargo, ministers say
(Updated throughout with clarifications, further quotes) BRUSSELS, April 11 (Reuters) – The European Commission is preparing a proposal on a possible embargo on Russian oil, even if this option is…
Russian oil traders worry about their business
From May 15, Europe limits purchases of Russian crude to “strictly necessary” operations. Unlike the United States or the United Kingdom, the European Union did not ban imports of Russian…
Oil (Brent/$): Tackles Slant Resistance at $109
(CercleFinance.com) – Oil (Brent, in $) is making a spectacular rise this week, between $98 (ex-zenith of 03/16) and $109: the stock is attacking the oblique resistance resulting from the…
TSX futures are down due to the weight of gold and oil prices
June futures on the S&P/TSX index were down 0.1% at 7:04 a.m. ET. Gold fell, but the yellow metal was still on course for a weekly gain, supported by safe-haven…
The shortage of sunflower oil, ubiquitous in the kitchen, worries restaurateurs
Indispensable for many dishes, such as the essential fries, it has become increasingly rare and expensive since the start of the war in Ukraine. A bowl of fries, cod fritters…
Exclusive – Oil traders to reduce purchases of Russian oil from May 15 – sources
The EU did not impose a ban on Russian oil imports in response to Russia’s invasion of Ukraine, as some countries like Germany are heavily dependent on Russian oil and…
Other projects – New substation supplies Transalpine oil pipeline
With the new substation in the Gruben district, Tinetz (Tiroler Netze GmbH) is expanding its power grid. The infrastructure is intended to ensure the smooth operation of the pumping station…
Shortage of sunflower oil: informing consumers of recipe changes is a headache
Faced with disturbances in the sunflower oil market, industrial federations are pleading with the DGCCRF to relax certain labeling rules. Fries, crisps, prepared meals or even biscuits… Sunflower oil is…
Energy independence: can we rely on French oil and gas production?
FOCUS- France has hydrocarbon resources that it has been exploiting since the post-war period, but it remains very far from being able to meet its own energy needs. The legislative…
Oil prices end up more than 6%
New York (awp/afp) – Oil prices closed with a jump of more than 6% on Tuesday, galvanized by the easing of anti-Covid measures in China, which should support demand, while…
EU to increase arms deliveries to Ukraine, considers oil imports
Published on 04/11/2022 at 6:42 p.m. Photo credit © Reuters BRUSSELS/LUXEMBOURG (Reuters)…
Oil price rises: interest rate fears push prices into the red
Oil price rises Interest rate fears push prices into the red 04/12/2022, 11:26 p.m At first it looks as if the US stock exchanges would close with a decent plus…