On September 2, G7 Finance Ministers initiated a price cap on Russian-origin crude oil and petroleum products to be implemented by each coalition member in the wake of Russia-Ukraine war…reports…
Speaking about Germany’s efforts to find a solution to the war, he said German Chancellor is every now and then on the telephone with Putin…reports Asian Lite News India buying…
OPEC report reveals India will take the leading role in crude requirement, along with other Asian and African, reports Animesh Singh…reports Asian Lite News After China driving the initial demand…
In his address, the Russian Ambassador said further that India has taken a neutral stance as regards excluding Moscow from multilateral institutions…reports Asian Lite News Russia has become the largest…
The JMMC comprises oil ministers from the OPEC+ countries. It has no decision-making power but provides policy recommendations for the OPEC+ ministerial meeting, the group’s decision-making body…reports Asian Lite News…
Hasina also mentioned the connectivity routes which were closed during the 1965 war, saying the routes were now being opened in phases…reports Sumi Khan Bangladesh Prime Minister Sheikh Hasina expressed…
The cap by G7 would prevent Russian cargoes from selling oil that exceeds the still-undefined G7 limit….reports Asian Lite News Russian President Vladimir Putin on Wednesday announced that Moscow would…
While many European countries are trying to wean themselves off Russian gas, China is importing an increasing amount of energy from its neighbour. Data from Beijing’s Customs Office on Saturday…
The decline in global prices may force a rethink of this tax if not now but in the subsequent reviews, said CLSA…reports Asian Lite News The fall in the crude…
Oil prices are nowhere near their peak as an impending rise in Chinese demand threatens to strain a global market already pinched by tight supplies…reports Asian Lite News UAE energy…