Latest News for: Oil sales

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How Oil Dollars Gush Became a Trickle

This Day 04 Dec 2022
According to Emefiele, monthly receipt from crude oil sales has dwindled from an average of $3 billion in 2014 to ‘an absolute zero dollars presently.’ ... Save for crude oil sales, the other sources of revenue have not disappeared, even if they are shrinking too because they are mostly tied to volume produced.
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Wyoming Sues Biden Administration, Alleges Suspensions of Oil Lease Sales Illegal

The Epoch Times 04 Dec 2022
The State of Wyoming filed a second lawsuit against the Biden Administration, alleging that its suspension of oil lease sales were illegal.
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Russia rejects $60 oil price cap set by EU, G7

The News International 04 Dec 2022
Russia rejects $60 oil price cap set by EU, G7 ... Russia on Saturday rejected a $60 price cap on its oil agreed by the EU, G7 and Australia, which ... Russia has earned 67 billion euros ($71 billion) from the sale of oil to the European Union since the start of the war in February.
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Situation in Bakhmut, Soledar is ‘hottest, most painful,’ Ukrainian president says about ongoing war with Russia

Anadolu Agency 04 Dec 2022
Regarding the recent decision to limit the export price of Russian oil to $60, Zelenskyy said talks unfortunately ended “without big decisions.” ... The move aims to hit Moscow’s revenues from crude oil exports and sales as the Ukraine war approaches 2023 -- its second calendar year.
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Russia rejects $60 cap on its oil; Ukraine welcomes EU, G7 move

The Times of India 04 Dec 2022
Russian authorities rejected a price cap on the country's oil set by Ukraine's Western supporters and threatened Saturday to stop supplying the nations that endorsed it ... Russia has earned 67 billion euros ($71 billion) from the sale of oil to the European Union since the start of the war in February.
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Russia rejects oil price cap agreed by EU, G7

Dawn 04 Dec 2022
Russia on Saturday rejected a $60 price cap on its oil agreed by the EU, G7 and Australia, which Ukraine said would contribute to the destruction of Russia’s economy ... Russia has earned 67 billion euros ($71 billion) from the sale of oil to the European Union since the start of the war in February.
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Russia denounces oil price cap agreed by EU, G7

The New Arab 04 Dec 2022
Russia on Saturday denounced a $60 price cap on its oil agreed by the EU, G7 and Australia, even as Ukraine suggested it was not tough enough and might have to be revisited ... Russia has earned 67 billion euros ($71 billion) from the sale of oil to the European Union since the start of the war in February.
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Oil sales fall 20pc in 5MFY23

Dawn 03 Dec 2022
Country’s overall oil sales outlook remained depressed in November and 5MFY23 due to a slowdown in economic activities, falling sales of automobiles and high oil prices ... Furnace oil (FO) sales came down by 33pc in November to 0.14m tonnes from 0.20m tonnes in October.
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Iran’s oil sales rose 20% to 1.2 mln bpd in H1 calendar year: MP

Press TV 03 Dec 2022
A member of Iran’s parliament says oil sales by the country rose by 20% in the first half of the calendar year that started in late March against the previous six-month period to reach 1.2 million barrels per day (bpd) ... Those reports have suggested that a bulk of Iranian oil shipments have been sold to private refineries in China.
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GLOBALink | Social media marketing helps boost tea oil sales in Chinese village

Xinhua 03 Dec 2022
As the tea-oil camellia fruits in the village are ready to be harvested recently, the local government has invited livestreaming anchors and vloggers to help promote the sales of tea-oil products ... More than 12,000 hectares of tea-oil camellia have been planted in Pingjiang Town ... Social media marketing helps boost tea oil sales in Chinese village.
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Russia assembles a 'shadow fleet' of more than 100 oil tankers as Putin tries to ...

Business Insider 03 Dec 2022
"We've seen quite a number of sales to unnamed buyers in recent months, and a few weeks after the sale many of these tankers pop up in Russia to take their first load of crude," Craig Kennedy, a Russian oil expert at Harvard's Davis Center who has been tracking the ships, told the FT.
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Russia says 'will not accept' price cap on oil exports

Anadolu Agency 03 Dec 2022
Russia “will not accept” the price cap imposed by EU and G7 countries on its oil exports, the Kremlin said ... The move aims to hit Moscow’s revenues from crude oil exports and sales as the Ukraine war approaches 2023, its second calendar year.
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G-7 joins EU on $60-per-barrel price cap on Russian oil

Independent Record 03 Dec 2022
Europe needed to set the discounted price that other nations will pay by Monday, when an EU embargo on Russian oil shipped by sea and a ban on insurance for those supplies take effect ... Putin’s ability to profit off of oil sales and limit his ability to continue to use that money to fund his war machine.”.
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Now Just Stop Oil invade HARRODS: Security guards swoop as eco-zealots occupy sofas at the ...

The Daily Mail 03 Dec 2022
Just Stop Oil eco-zealots have been dragged out of Harrods after launching a protest inside the central London department store ... female protesters who had unfurled themselves on a sofa for sale ... Just Stop Oil said.
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G-7 to set $60 per barrel oil price cap to hit Russia's war chest

Kyodo 03 Dec 2022
The Group of Seven nations, the European Union and Australia plan to cap the price of Russian oil at $60 per barrel, the U.S ... The United States expressed support for the figure, with White House national security spokesman John Kirby asserting that Russia could see "a significant drop" in oil sales, having at one point charged $100 per barrel.

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