oil

Iran and Venezuela have ‘common enemies,’ Raisi says in Caracas

CARACAS, June 13, 2023 (AFP) -- Iranian President Ebrahim Raisi began a rare diplomatic tour of Latin America on Monday…

Saudi Arabia slashes output further to boost oil price

VIENNA, June 4, 2023 (AFP) - Riyadh on Sunday announced a fresh oil output cut following a meeting of major…

No alternative to risky oil tanker salvage in Yemen, UN says

By Amélie BOTTOLLIER-DEPOIS Agence France-Presse UNITED NATIONS, United States, June 1, 2023 (AFP) -- Transferring more than a million barrels…

Solar investment outshines oil: IEA

By Catherine Hours and Richard Lein Agence France-Presse PARIS, France, May 25, 2023 (AFP) -- Investment in solar power is…

South Africa presses for recognition of its high-end olive oil

By Julie BOURDIN Agence France-Presse STELLENBOSCH, South Africa, May 24, 2023 (AFP) -- South Africa is famous for its wines…

Pakistan buys Russian oil but sees diversified future

By Shaun TANDON Agence France-Presse WASHINGTON, United States (AFP) -- Facing a deep economic crisis, Pakistan has started to buy…

Oil prices soar almost 6% after OPEC+ output cut

HONG KONG, China (AFP) -- Oil prices soared almost six percent in Asian trade Monday morning after major producers led…

Why is India so thirsty for Russian oil?

by Nivrita GANGULY Agence France-Presse MUMBAI, India (AFP) -- India is snapping up discounted crude from Russia, refining it and…

Brazil’s Lula irks foreign oil companies with new tax

by Marcelo SILVA DE SOUSA Agence France-Presse BRASÍLIA, Brazil (AFP) -- Brazilian President Luiz Inacio Lula da Silva has not…

Kuwait Oil Company declares ‘state of emergency’ after oil spill on land

Kuwait City, Kuwait | AFP | Monday 3/20/2023 The Kuwait Oil Company declared a "state of emergency" on Monday following…

A year after the Ukraine invasion, oil market much changed

by Thomas URBAIN Agence France-Presse HOUSTON, United States (AFP) -- A year after Russia's invasion of Ukraine, the oil market…

Oil prices little changed as Russia unveils export ban

NEW YORK, United States (AFP) -- Russia on Tuesday banned oil sales to countries and companies that comply with a…

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