Saudi Arabia was the leading buyer of Russian seaborne fuel oil and vacuum gasoil (VGO) exports in November, LSEG data has revealed. According to Reuters calculations based on LSEG data, Russian fuel oil and VGO exports grew  6% month-on-month in November to about 4.26 million metric tons. Asian countries have become top buyers of Russia’s...Continue Reading

Nickel’s Price Plunge: Indonesian Dominance Shakes Global Markets | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Dec 23, 2024, 1:00 PM CST Indonesia’s dominance in nickel...Continue Reading

Turkey’s Rise in Syria Stokes Regional Rivalry with Iran | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Dec 23, 2024, 12:00 PM CST Turkey has become...Continue Reading

Green Hydrogen Costs Set to Stay Too High For Too Long | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Dec 23, 2024, 11:00 AM CST BNEF: green hydrogen may not become cost-competitive with other types of hydrogen until 2050. Rising costs for electrolyzers mean that...Continue Reading

Indian Oil Probes Allegations of Albemarle Bribes to State Firm’s Officials | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 23, 2024, 10:30 AM CST Indian Oil Corporation (IOC), a state-owned oil giant, has launched an internal investigation over alleged bribes paid by Albemarle to...Continue Reading

India imported lower volumes of Russian crude oil in November while it boosted purchases of Middle Eastern crude, as Russia exported lower volumes overall while some Indian refiners were undergoing maintenance. In the months prior to November, India continued to boost crude imports from Russia. Over the past two years, India has become a key...Continue Reading

High Electricity Taxes Are Crippling European Industry | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Dec 23, 2024, 9:30 AM CST European countries need to work out ways to lower...Continue Reading

Tesla shares just reached a new all-time high following Trump’s victory in the 2024 presidential election, propelling the company to a massive $1.5 trillion valuation as of December 18, 2024. This graphic, via Visual Capitalist’s Marcus Lu, highlights the most valuable automakers by market cap worldwide as of Dec. 13, 2024, based on figures from...Continue Reading

Russia Expands Global Nuclear Footprint Despite Western Pushback | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Dec 23, 2024, 8:00 AM CST Russia is looking to maintain its position as...Continue Reading

Producers in the Permian basin, America’s top oil producing region, have made a lot of progress in reducing methane emissions, a recent report suggests, but the incoming Trump Administration could undo some of that progress, environmentalists warn.  The Biden Administration has enacted rules on reducing emissions from oil and gas operations, including a recently finalized...Continue Reading