Tag: crude oil
Fuel of War – Ukrainian tanks run on Russian oil
Ukrainian tank The Ukrainian army is consuming more and more fuel from Russia. (Photo: dpa) Warsaw It is a paradox of war: the tanks from Ukraine are increasingly running on…
Fuel of War – Ukrainian tanks run on Russian oil
Ukrainian tank The Ukrainian army is consuming more and more fuel from Russia. (Photo: dpa) Warsaw It is a paradox of war: the tanks from Ukraine are increasingly running on…
Europe is at odds with Russian dumping diesel
Madrid, Brussels, Zurich The statistics read like a victory message: The imports of Russian crude oil and refinery products such as diesel and kerosene have collapsed by 90 percent, according…
Russia is selling oil above the EU oil price limit again for the first time
Oil tanker in front of the Russian Black Sea port of Novorossik Russia benefits from rising oil prices. (Photo: INTERFOTO) Zurich It is a novelty that could become a test.…
Why the price of oil could rise in the long term
Oil pump in the Permian Basin of Texas Frankfurt Although the oil alliance Opec plus announced in April that it would cut oil production by around one million barrels a…
The Russian oil business is doing better than ever
Bangkok On his third visit since the beginning of the Ukraine war, Russia’s Foreign Minister Sergey Lavrov is shown India from its best side. His Indian counterpart Subrahmanyam Jaishankar received…
The Russian oil business is doing better than ever
Bangkok On his third visit since the beginning of the Ukraine war, Russia’s Foreign Minister Sergey Lavrov is shown India from its best side. His Indian counterpart Subrahmanyam Jaishankar received…
Germany apparently continues to get Russian oil
PCK Schwedt The refinery in Brandenburg is essential for supplying East Germany with various products, especially gasoline and kerosene. (Photo: dpa) Berlin According to Handelsblatt information, oil from Russia is…
Russia exports more crude oil than it has in three years
Diesel factory in a Russian oil field Almost three million barrels of Russian crude oil are exported to the Far East every day. (Photo: Reuters) Frankfurt According to the International…
Energy group OMV renews membership of the German-Russian Chamber of Commerce
OMV in Vienna The partially state-owned group is one of the largest oil and gas companies in Europe. (Photo: REUTERS) Dusseldorf Despite the Russian war of aggression against Ukraine, the…
Oil prices rise sharply after OPEC+ announced production cuts
oil production According to one analyst, the cut in oil production could cause the price of oil to rise by $10 a barrel. (Photo: dpa) Dubai Oil prices reacted to…
Oil prices rise sharply after OPEC+ announced production cuts
oil production According to one analyst, the cut in oil production could cause the price of oil to rise by $10 a barrel. (Photo: dpa) Dubai Oil prices reacted to…
Oil prices rise sharply after OPEC+ announced production cuts
oil production According to one analyst, the cut in oil production could cause the price of oil to rise by $10 a barrel. (Photo: dpa) Dubai Oil prices reacted to…
Russia and Ukraine extend grain deal
Cargo ship with grain Ukraine and Russia are important suppliers of food. (Photo: dpa) Istanbul The agreement on the Black Sea Grain Initiative was mediated by the United Nations and…
US drone collides with Russian fighter jet
US MQ-9 Reaper drone (archive image) According to the US military, the drone was on a routine mission. (Photo: Reuters) Berlin New tensions between the US and Russia: An unmanned…
USA reject the allegations of sabotage – they had other plans
Brussels A short, sharp denial, that’s it. The US government has so far been taciturn about the Nord Stream report by investigative journalist Seymour Hersh. Hersh blames the US for…
Why the oil price is likely to rise – and how investors can benefit from it
Oil field in the North Sea The oil platform in the North Sea is part of the Johan Sverdrup oil field off Norway. Most experts expect oil prices to continue…
Oil from Kazakhstan flows to Schwedt
Refinery PCK in Schwedt Until the turn of the year, the refinery was almost exclusively supplied with oil from Russia via the “Druzhba” pipeline. (Photo: dpa) The Kazakh oil export…
Mineral oil company Hoyer is considering investing in the PCK Schwedt refinery
Berlin The group of potential buyers for the PCK Schwedt refinery is growing. According to information from industry circles in the Handelsblatt, the Lower Saxony mineral oil company Hoyer is…
EU agrees on price cap for Russian oil products
oil production According to dpa, a price cap of $100 per barrel is planned. (Photo: IMAGO/Panthermedia) Brussels The G7 industrialized countries and the EU have introduced an embargo and a…