Oil
Western countries could face oil prices of over $300 per barrel and the possible closure of the main Russia-Germany gas pipeline if governments follow through on threats to cut energy supplies from Russia, a senior minister said on Monday. Oil pri..
The United States and European allies are exploring banning imports of Russian oil, U.S. Secretary of State Antony Blinken said on Sunday, and the White House coordinated with key Congressional committees moving forward with their own ban. Europe ..
Japan, which counts Russia as its fifth-biggest supplier of crude oil, is in discussion with the United States and European countries about possibly banning Russian oil imports, Kyodo News reported on Monday. The report comes after U.S. Secretary ..
U.S. House of Representatives Speaker Nancy Pelosi on Sunday said the chamber is "exploring" legislation to ban import of Russian oil and that Congress intends to enact this week $10 billion in aid for Ukraine in response to Russia's mi..
China's purchases of Iranian oil have risen to record levels in recent months, exceeding a 2017 peak when the trade was not subject to U.S. sanctions, tanker tracking data showed. The ramping up of the purchases by the world's top oil impo..
QatarEnergy announced a significant light oil and associated gas discovery in the Orange Basin offshore the Republic of Namibia, the second of its kind in the African country. Venus-1X prospect located in block 2913B in the Orange Basin, offshore ..
Oil prices jumped on Thursday, with Brent rising above $105 a barrel for the first time since 2014, after Russia's attack on Ukraine exacerbated concerns about disruptions to global energy supply. Russia launched an all-out invasion of Ukraine..
The Ministry of Commerce and Industry (MoCI) has detected a violation against a car maintenance service centre during an inspection campaign at outlets in Umm Salal, aimed at monitoring compliance with Law No. (8) of 2008 on Consumer Protection. T..
Oil prices steadied on Wednesday after retreating more than 3% in the previous session as investors gauged the impact of easing Russia-Ukraine tension against a taut balance between tight global supplies and recovering fuel demand. Brent traded at..
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