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Crude Oil - Orlen Loses $230 Million in Tether Payment for Venezuelan Oil
Orlen lost up to $424 million after a $230M tether payment for Venezuelan crude vanished through Dubai brokers and USB handoffs.
From Yanbu to Sohar: Tracking Saudi Arabia’s alternative oil routes
The world’s second-largest crude exporter is rerouting crude via dark shipments and ship-to-ship transfers off Oman.
India faces 100% tariff threat over Russian oil after US House vote
Trump’s tariff threat puts India’s Russian oil strategy- and its access to the US market - in a new bind.
Brent slips below $105; crude oil eases further as supply disruption fears diminish
Oil prices fall as West Asia supply concerns ease. Saudi Arabia restores pipeline, Brent crude below $105. US-Iran, Russia-Ukraine conflicts still impact.
Petrol price: Global crude oil drops from $108 as fuel hits N1,430/litre in Nigeria
Global crude oil prices dropped on Thursday from as high as $108 per barrel amid escalating conflict between Saudi Arabia and Iran-backed Houthi ...