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A service for energy industry professionals · Friday, January 17, 2025 · 777,868,396 Articles · 3+ Million Readers
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EU Crude Oil News Monitoring

  • Published on Jan 13, 2025

    Nordics and Baltics ask EU to tighten price cap on Russian oil

    Denmark, Estonia, Finland, Latvia, Lithuania and Sweden have demanded a revision of the price cap on Russian seaborne oil. The cap was set in late 2022 at $60 per barrel and has remained untouched since then. The Nordic and Baltic states have asked the …

    Source: Euronews - Neutral
  • Published on Jan 16, 2025

    Inside the Houthis’ moneymaking machine

    “IT’S A REALLY, surprisingly user-friendly experience,” says Stephen Askins, a shipping lawyer, of his interactions with the Houthis, the militia that has been attacking commercial ships in the Red Sea for more than a year. “You write to them, respectfully …

    Source: The Economist - Neutral
  • Published on Jan 16, 2025

    South Korea considering buying more US oil and gas, industry minister says

    SEOUL :South Korea is interested in importing more U.S. oil and gas to diversify energy sources and ensure stable supplies given tensions in the Middle East, the country's industry minister Ahn Duk-geun said on Thursday. The government may need to …

    Source: Channel News Asia - Pro-Government
  • Published on Jan 16, 2025

    South Korea considering buying more US oil and gas, energy minister says

    SEOUL :South Korea is interested in importing more U.S. oil and gas to diversify energy sources and ensure stable supplies given tensions in the Middle East, the country's industry minister Ahn Duk-geun said on Thursday. The government may need to …

    Source: Channel News Asia - Pro-Government
  • Published on Jan 16, 2025

    IEA Weighs in on The Impact of New U.S. Sanctions on Iran’s Oil Exports

    The International Energy Agency (IEA) states that recent U.S. sanctions on the “shadow fleet” of Russia and Iran will likely have a “significant” impact on the oil revenues of both countries. The report adds that approximately one-third, equivalent to 500, …

    Source: Iran Focus - Left-wing
  • Published on Jan 16, 2025

    Crippling the Kremlin: The Impact of U.S. Sanctions on Russi...

    In a bold final move, the Biden administration has intensified its efforts to weaken Russia’s economy by imposing severe sanctions on its oil exports. These measures target Russia’s shadow fleet of tankers and key oil producers, signaling a strategic …

    Source: Modern Ghana - Neutral
  • Published on Jan 16, 2025

    National Bank of Romania maintains reference interest rate

    The National Bank of Romania has decided to main the monetary policy interest rate at 6.5% a year. Photo: romania-actualitati.ro Mihai Pelin, 16.01.2025, 13:50 The National Bank is maintaining its cautious attitude and will keep its monetary policy …

    Source: Radio Romania International - Label Pending
  • Published on Jan 16, 2025

    TAL Pipeline Upgrades End Czech Reliance on Russian Oil

    Upgrades to the Trans-Alpine (TAL) pipeline are complete, effectively ending the Czech Republic’s dependence on Russian crude oil, Prime Minister Petr Fiala announced Tuesday Jan. 14.  The move is a significant step in the country’s efforts to wean itself …

    Source: Pipeline Technology Journal - Neutral
  • Published on Jan 16, 2025

    Trump upended trade once, aims to do so again with new tariffs

    By David Lawder WASHINGTON (Reuters) - Donald Trump came to Washington eight years ago vowing to rewrite U.S. trade relationships, shrink a massive goods trade deficit and rebuild America's industrial base with new tariffs. The president-elect is about …

    Source: The Gazette - Colorado - Neutral
  • Published on Jan 13, 2025

    Switzerland Adopts Further EU Sanctions Against Russia

    (MENAFN- Swissinfo) Switzerland has added several dozen names to its list of sanctioned persons or entities from Russia after adopting the amendments made by the European Union on December 16. The sanctions were imposed as a result of the war in Ukraine. …

    Source: MENAFN - Uncategorized
  • Published on Jan 16, 2025

    Energy Minister: South Korea may buy more US oil and natural gas

    South Korea wants to import more U.S. gas and oil in order to diversify its energy sources, and maintain stable supplies in light of the tensions in the Middle East. He said that the government might need to increase its support for non-Middle East crude …

    Source: World Energy News - Connecticut - Label Pending
  • Published on Jan 16, 2025

    Canada is preparing to retaliate with tariffs on $105 billion worth of the US goods if Trump does so first

    Canada has developed a list of $105 billion worth of US goods on which it will impose tariffs if the US President-elect Donald Trump keeps his campaign promise and imposes a 25% tariff on Canadian goods. Bloomberg reports this, citing sources. It is not …

    Source: Babel - Neutral
  • Published on Jan 16, 2025

    Reliance Industries Q3 Results LIVE: Net profit rises 7.3% to ₹18,540 crore

    Reliance Industries Q3 Results LIVE: Reliance Industries (Ltd) announced a seven per cent year-on-year (YoY) increase in its consolidated net profit, reaching ₹18,540 crore for the third quarter. Its operational revenue grew by 6.7 YoY to ₹2.43 lakh crore. …

    Source: Mint - Neutral
  • Published on Jan 16, 2025

    Alberta Vows Fight Against Federal Oil Export Curbs

    A threat by the Canadian federal government to restrict crude oil exports in response to Donald Trump’s idea of imposing tariffs on Canadian imports has rattled the country’s oil province. Alberta Premier Danielle Smith sent a message to Ottawa this week, …

    Source: Oil Price - Neutral
  • Published on Jan 15, 2025

    Tariffs Could Hit These Sectors Hard – Is Yours on the List?

    News Valery Evlakhov / Shutterstock.com On Monday, January 20, 2025, Donald Trump will be inaugurated as the 47th President of the United States of America. But not everybody is looking forward to his election day. Trump has been threatening to impose …

    Source: 24/7 Wall St. - Neutral
  • Published on Jan 16, 2025

    German Authorities Issue Temporary Sailing Ban on Oil Tanker “Eventin”

    Thu 16 Jan 2025 | 05:13 AM German authorities have temporarily banned the oil tanker Eventin from leaving the Baltic Sea, which broke down last week near the island of Rügen in Germany. Although the main engine of the ship, which is 274 meters long, is …

    Source: Sada Elbalad - Gov't Propaganda
  • Published on Jan 16, 2025

    Early-Year Strength In Oil Markets Likely To Continue

    The oil price rally that kicked off last week after the Biden administration announced the harshest sanctions yet on Russian oil has carried over into the new week. Brent crude for March delivery rose to above $82 per barrel this afternoon, while WTI crude …

    Source: Oil Price - Neutral
  • Published on Jan 16, 2025

    Saving the Sounion: Ambipar Response in Preventing a Red Sea Oil Disaster

    (www.MaritimeCyprus.com) On 21 August 2024, the 274-meter long oil tanker Sounion, owned by Delta Tankers and crewed by 25 Filipinos and Russians, with four security personnel, was targeted by Houthi militants while near the mouth of the Red Sea. Two …

    Source: MaritimeCyprus - Neutral
  • Published on Jan 16, 2025

    The Energy Report: Where’s the Glut

    Where’s the glut? I think we were promised an crude oil glut, but it isn’t happening. In the latest Energy Information Administration (EIA) Short Term Energy outlook they reported that global oil demand is hitting records coming in at a whopping 104.65 …

    Source: Investing - Neutral

03 days 16:16:53

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