Ukraine appears to show ability to strike far inside Russia

Ukraine appears to show ability to strike far inside Russia

Third Russian airfield reported hit in drone strike Ukraine’s Zelenskiy meets troops near eastern front Oil price cap gives G7 leverage on Russia – U.S. official Dec 7 (Reuters) – A third Russian airfield was set ablaze by a drone strike, a day after Ukraine demonstrated an apparent new ability to penetrate hundreds of kilometres … Read more

Drone attacks oil tank at airfield inside Russia – governor

Drone attacks oil tank at airfield inside Russia – governor

Kyiv region facing among the most emergency blackouts U.S. to enlist executives’ help on Ukraine energy assets Moscow: Ukrainian drones attack air bases in Russia, 3 dead KYIV, Dec 6 (Reuters) – A drone attack on an airfield in Russia’s Kursk region set fire to an oil storage tank, a governor said on Tuesday, a … Read more

OPEC+ keeps steady policy amid weakening economy, Russian oil cap

OPEC+ keeps steady policy amid weakening economy, Russian oil cap

No discussions about Russian price cap – delegates Oil prices have come under pressure from weak economy Next meetings to take place Feb. 1 and June 3-4 LONDON/DUBAI, Dec 4 (Reuters) – OPEC+ agreed to stick to its oil output targets at a meeting on Sunday as the oil markets struggle to assess the impact … Read more

EU tentatively agrees $60 price cap on Russian seaborne oil

EU tentatively agrees  price cap on Russian seaborne oil

BRUSSELS, Dec 1 (Reuters) – European Union governments tentatively agreed on Thursday on a $60 a barrel price cap on Russian seaborne oil – an idea of the Group of Seven (G7) nations – with an adjustment mechanism to keep the cap at 5% below the market price, according to diplomats and a document seen … Read more

EXCLUSIVE G7 coalition has agreed to set fixed price for Russian oil -source

EXCLUSIVE G7 coalition has agreed to set fixed price for Russian oil -source

WASHINGTON/LONDON, Nov 3 (Reuters) – The Group of Seven rich nations and Australia have agreed to set a fixed price when they finalize a price cap on Russian oil later this month, rather than adopting a floating rate, sources said on Thursday. U.S. officials and G7 countries have been in intense negotiations in recent weeks … Read more

OPEC+ mulling largest cuts since 2020 crisis, sources say

OPEC+ mulling largest cuts since 2020 crisis, sources say

LONDON, Oct 3 (Reuters) – The OPEC+ group of oil producers is discussing output cuts of more than 1 million barrels per day (bpd), OPEC sources said, and voluntary cuts by individual members could come on top of that, making it their largest cut since 2020. The group is set to meet on Oct. 5 … Read more

U.S. senators want secondary sanctions on Russian oil

U.S. senators want secondary sanctions on Russian oil

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 20 (Reuters) – Democratic and Republican senators on Tuesday proposed that U.S. President Joe Biden’s administration use secondary sanctions on international banks to strengthen a price cap G7 countries plan to impose on Russian oil over Moscow’s invasion of Ukraine. Democratic Senator Chris Van … Read more

Oil edges up from seven-month low as Russia threatens export halt

Oil edges up from seven-month low as Russia threatens export halt

A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel Register now for FREE unlimited access to Reuters.com Register U.S. crude stocks jump by nearly 9 million barrels -EIA U.S. weighing need for more oil releases from strategic reserves … Read more

Europe braces for more cuts in Russian oil and gas exports

Europe braces for more cuts in Russian oil and gas exports

An interior view shows a new pumping station of the Caspian Pipeline Consortium (CPC) near the city of Atyrau, Kazakhstan October 12, 2017. REUTERS/Mariya Gordeyeva Register now for FREE unlimited access to Reuters.com Register CPC says two of three mooring points (SPM) suspended One SPM can handle less than 70% of terminal capacity – sources … Read more

Nord Stream 1 pipeline to shut for three days in latest fuel blow to Europe

Nord Stream 1 pipeline to shut for three days in latest fuel blow to Europe

Pipeline to halt Aug. 31-Sept. 2 for maintenance Disclosure comes as gas flows are down to 20% Move increases Europe, Moscow’s energy standoff FRANKFURT/BERLIN, Aug 19 (Reuters) – Russia will halt natural gas supplies to Europe for three days at the end of the month via its main pipeline into the region, state energy giant … Read more