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Czechia to open oil reserves
Russian Flows of Crude via Druzhba Into Czech Republic Restart
The flow of Russian crude oil via the Druzhba pipeline into the Czech Republic has restarted, according to Orlen SA, a refinery operator.
Oil delivery to the Czech Republic from Russia through the Druhzba pipeline is interrupted
Officials say oil delivery to the Czech Republic from Russia through the Druhzba pipeline has been interrupted
Czechia to open oil reserves after Russia halts Druzhba pipeline flows
By Albin Sybera The Czech state is prepared to lend up to 330,000 barrels equivalent to Orlen's Litvinov refinery from its oil reserves in response to Russia's halt to crude flows via the Druzhba pipeline.
Russian oil flow to Czech Republic hits unexpected halt
According to Czech media, the flow of Russian crude oil through the "Druzhba" pipeline to the Czech Republic, which accounts for 58% of the country's oil demand, has stopped. Orlen Unipetrol, the sole company in the Czech Republic that processes oil,
OPEC, Oil prices
Crude oil rises by most in two weeks as OPEC+ expected to extend output cuts
Crude oil futures rose on OPEC+ production cut extension expectations. Geopolitical tensions also supported gains.
Oil prices dip as extended OPEC+ supply cuts highlight weak demand
Oil prices dipped on Friday, with weak demand in focus after the OPEC+ group postponed planned supply increases and extended deep output cuts to the end of 2026. Brent crude futures fell 21 cents, or 0.
Oil prices rise as traders await OPEC+ production decision
Oil futures rose modestly Thursday morning, with the Organization of the Petroleum Exporting Countries and its allies expected to further postpone a proposed unwinding of production cuts in the face of ample global supply and shaky demand from China.
Hosted on MSN
13h
Are Crude Oil Prices Going Lower?
Barchart article on crude oil, I addressed whether crude oil will hold technical support after the 2024 U.S. election. I ...
18h
on MSN
Key members of OPEC+ alliance are putting off production increases amid slack crude prices
Eight members of the OPEC+ alliance of oil exporting countries have decided to put off increasing oil production as they face ...
2d
Russia's crude oil and LNG shipments to Asia slip slightly in 2024
Asia's imports of Russian crude oil and liquefied natural gas are set to log small declines this year and while coal had a ...
1d
on MSN
U.S. Crude Oil Stockpiles Fall More Than Expected
U.S. crude oil inventories fell more than expected last week and product stocks saw a buildup as refineries ramped up their ...
NHK
10h
OPEC+ to extend crude oil output cuts
Major
oil
producing group OPEC Plus says it will delay an additional output increase that was planned for next month. It ...
cnbctv18
9h
Crude oil prices remain steady after OPEC+ delays plans to restore output again
October, with bullishness from geopolitical developments in the Middle East and Ukraine countered by expectations for a glut ...
Crude Oil Prices
1d
Oil Prices Tick Higher on Crude Inventory Draw
Crude oil prices rose following a surprise inventory draw reported by the EIA, but concerns about global demand persist.
3d
Saudi Arabia boosts crude oil share in Asia at Russia's expense
Saudi Arabia clawed back market share of Asia's crude oil imports in November, while Russia surrendered some of its barrels ...
14h
Oil Futures Unmoved by OPEC+ Delay in Lifting Output
Oil futures edge lower in a muted reaction to OPEC+ pushing back plans to raise production until April, and stretching the eventual unwinding of 2.2 million barrels a day in voluntary cuts over 18 ...
Crude Oil Prices
2d
Russia’s Crude Oil Shipments Surge Ahead of OPEC+ Meeting
Russia's crude oil exports surged in the week leading up to the OPEC+ meeting, defying expectations and raising questions ...
Hosted on MSN
11h
Russia and Pakistan discuss offshore oil and gas exploration and refining cooperation – report
Russia and Pakistan are reportedly exploring potential cooperation in offshore oil and gas exploration and refining, ...
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