Tag: crude oil
S. Korea secures 270 mn barrels of oil from suppliers unaffected...
The amount is sufficient for more than three months of South Korea's oil needs, Kang said after he returned from a trip to Kazakhstan, Oman, Saudi Arabia and Qatar.
Tough negotiations and uncertainty ahead of OPEC+ meeting
Uncertainty loomed over what Saudi Arabia, Russia and six other key members of the OPEC+ alliance would decide on crude output in their meeting on Sunday, with analysts saying a production boost was also being considered.
Oil prices jump on report of Israel prepping Iran strike
Crude prices rallied Wednesday following a report that US intelligence suggested Israel was planning a strike on Iranian nuclear facilities, which would send geopolitical tensions into overdrive and fuel regional conflict fears.
