Tag: oil
US announces new sanctions against Iran oil sector
The new punishment targets oil transport infrastructure by slapping sanctions on more than two dozen people, companies and ships that operate within the network of petroleum shipping magnate Mohammad Hossein Shamkhani, the Treasury Department said.
Qatar says Iran missile struck tanker in its waters
Iran has targeted hydrocarbon infrastructure in the oil-rich Gulf nations as well as shipping, effectively closing the strategic Strait of Hormuz, through which one-fifth of global oil usually passes.
Filipinos race to fill tanks ahead of petrol price jump
Fuel costs will tick up between 17 and 24 pesos (29 to 40 US cents) per litre this week, Energy Secretary Sharon Garin told a congressional committee on Monday, as oil prices soared on fears about supplies from the Middle East.
Havana refinery fire under control as Cuba battles fuel shortages
A fire broke out Friday at a refinery at the port in Cuba's capital but was soon brought under control, authorities said, as the island nation stuggles under what amounts to a US oil blockade.
Trump threatens tariffs on nations selling oil to Cuba
US President Donald Trump signed an executive order Thursday threatening to impose additional tariffs on countries that sell oil to Cuba, further increasing pressure on the communist-led island.
Trump demands NATO halt Russia oil purchases before US sanctions
US President Donald Trump said Saturday he was ready to sanction Moscow, but on the condition that all NATO allies agree to completely halt purchases of Russian oil and implement their own sanctions.
US tariffs on Indian goods double to 50% over Russian oil...
US tariffs of 50 percent took effect Wednesday on many Indian products, doubling an existing duty as President Donald Trump sought to punish New Delhi for buying Russian oil.
OPEC+ announces sharp increase in July oil production
They will produce an additional 411,000 barrels a day -- the same target set for May and then June -- according to a statement, which is more than three times greater than the group had previously planned.
Harga minyak dunia meningkat
Harga minyak naik lebih daripada 1 peratus dalam dagangan hari ini disokong oleh ketegangan di Timur Tengah dan pengurangan bekalan dari OPEC, selain gangguan minyak berterusan dari Rusia selepas masalah pencemaran pada bulan lalu.
Harga minyak merosot menjelang 1 Januari 2017
Pasaran sedang tunggu dan lihat permulaan rasmi perjanjian OPEC dan ahli bukan OPEC dalam usaha mengurangkan lebihan bekalan untuk merangsang semula harga minyak.
