Latest Updates Around The World
Indian oil refiners, including Indian Oil Corporation (IOC), may not completely halt purchases of Russian crude despite new US sanctions, as the measures target specific Russian suppliers and not the oil itself. Officials said that while four Russian oil companies have been sanctioned so far, India’s largest supplier Rosneft, which handles nearly 45 percent of […]
Crude oil futures traded lower on Friday morning after rising more than 5 percent on Thursday following the US government’s decision to impose sanctions on two major Russian oil companies. At 9:30 a.m. Friday, December Brent crude futures were at $65.69, down 0.45 percent, and December WTI (West Texas Intermediate) crude oil futures were at […]
