Oil
Oil prices rose on Thursday, extending a cautious rally this week on signs of tight supply while the European Union (EU) wrangles with Hungary over plans to ban imports from Russia, the world's second-largest crude exporter, after it invaded Ukra..
The European Union is proposing a ban on all oil imports from Russia, saying president Vladimir Putin “must pay a high price” for his “brutal aggression” against Ukraine. European Commission President Ursula von der Leyen o..
Russian forces fired rockets at an encircled steel works in Ukraine's southern port city of Mariupol and thick smoke blackened the sky at the plant where officials on Tuesday said 200 civilians were trapped despite evacuations. Russia's of..
Russian forces fired rockets at an encircled steel works in Ukraine's southern port city of Mariupol and thick smoke blackened the sky at the plant where officials on Tuesday said 200 civilians were trapped despite evacuations. Russia's of..
Indonesian palm oil companies were bracing on Wednesday for the impact of a government ban on exports of refined palm olein, with the new rules aimed at taming soaring prices of domestic cooking oil due to come into effect from midnight. The expor..
Germany hopes to find a way within days to replace Russian oil with supplies from other sources, Economy Minister Robert Habeck said on Tuesday, adding that Germany could then cope with an EU embargo on Russian oil imports. Under pressure to reduc..
Germany will stop importing oil from Russia by the end of the year, said German Foreign Minister Annalena Baerbock after a meeting with her Baltic counterparts on Wednesday. "I therefore say here clearly and unequivocally yes, Germany is also..
It's huge, it's wide, and it's potentially a lot more sustainable. The Airbus A380, a behemoth of the skies, has completed a trial flight powered on cooking oil. The test airplane completed a three-hour flight from Blagnac Airport in T..
President Emmanuel Macron promised on Saturday to make France the "first great nation" to stop using oil, coal and gas as energy sources, in a pitch to young and green voters he fears could abstain in next week's election runoff. In ..