Turkey and Turkish companies have managed to save approximately $2 billion on energy bills in 2023…
Tag: Oil
Saudi Arabia and Russia hold steady on oil production cuts amid West Asia tensions
Saudi Arabia and Russia have confirmed their commitment to maintaining oil supply reductions of over 1…
Historic first: India and UAE settle crude oil transaction using national currencies
In a groundbreaking development that marks a significant step towards enhancing bilateral economic ties, the Abu…
Saudi Arabia announces further voluntary oil cut of 1 mn barrels per day
Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman announced a further voluntary oil output cut…
A New Gulf? Biden’s fistbump ‘disaster’ vs. Saudi Arabia’s grandiose welcome for Xi
US President Joe Biden, during his Saudi Arabia visit months ago, did not hold back in…
India can buy as much Russian oil as it wants, outside price cap, says US
The US Treasury Secretary Janet Yellen stated on Friday that India can continue to buy as…
Putin threatens ‘no gas, no oil’ in case prices are capped
Russian President Vladimir Putin on Wednesday (September 7) said that Russia will stop oil and gas…
Joe Biden calls out oil refineries to take ‘immediate actions’ over soaring gas prices
United States President Joe Biden on Wednesday called on major oil refinery companies to take “immediate…
China quietly purchasing large amounts of low-priced Russian oil – Report
The ongoing conflict in Ukraine has resulted in a number of western countries stopping their business…
