Tag: Oil
Export ban – How Russia uses oil as a geopolitical weapon against the West – News
Contents Russia and China in particular will benefit from the export ban, while countries like Switzerland could suffer. A few days ago, Russia banned the export of gasoline and diesel…
Venezuela: the ruin of oil retirees on hunger strike
Oil sector retirees on hunger strike in front of one of the headquarters of Petroleos de Venezuela (PDVSA) in Caracas on September 13, 2023 (AFP/Miguel Zambrano) To survive, Marlon Bermudez,…
Wall Street: Relieved by rate easing and decline in oil
(CercleFinance.com) – The session ended better than it started, thanks to a clear decline in oil prices (-2%) which made possible a relaxation of rates (-7Pts compared to Wednesday 10…
Oil production project in the North Sea – money or environment? Rishi Sunak chooses economy over climate – News
Contents The British government is allowing the last large oil field in the North Sea to be drilled. This is also a campaign tactic. A Norwegian company is allowed to…
USA: Crude oil stocks fall, gasoline rises
(CercleFinance.com) – American crude oil stocks decreased last week, continuing their downward trend of recent weeks, in particular due to a reduction in refinery activity, the American Energy Agency announced…
CAC40: falls back into the red, rates and oil soar
(CercleFinance.com) – The modest rebound of the first 6 hours did not ‘hold’ and the Paris Stock Exchange reversed course at the close of the markets: the CAC40 finished in…
Totalenergies: The oil group TotalEnergies further accelerates its share buybacks and dividends
(BFM Bourse) – On the occasion of a day dedicated to investors, the company announced that it intended to increase its share buybacks this year to $9 billion, which exceeds…
Cac 40: While oil prices jump, the CAC 40 still moribund
(BFM Bourse) – The Parisian index ended very slightly down this Wednesday, further penalized by the slight increase in bond yields and the rise in black gold prices. TotalEnergies benefited…
agreement to exploit a huge oil field in the North Sea
People protest outside the Department of Energy as the UK government grants a new license to Equinor to exploit the Rosebank oil field in the North Sea. In London (Great…
rides the oil boom
By Christophe Voisin Published on 09/22/2023 at 10:05 a.m. Reduction. The barrel of oil has started to rise again with the level of 100…
Shipping data evaluated: Russia is getting around the oil price cap more and more successfully
Shipping data evaluated Russia is getting around the oil price cap more and more successfully By Christina Lohner September 25, 2023, 8:00 p.m Listen to article This audio version was…
How European banks are helping oil and gas giants raise billions
It is a brief financial press release looking like an announcement, sent on April 26. Var Energi “is pleased to announce” there raised 600 million euros to finance its activities.…