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OPEC oil output rises in May, led by Nigeria, Iraq, survey shows
Reuters· 14 hours agoOPEC oil output rose in May, a Reuters survey found on Tuesday, as higher exports from Nigeria and...
Growing armada shipping sanctioned oil burns dirty fuel in a setback for clean-up efforts
Colorado Springs Gazette· 7 days agoThe global shipping industry is under increasing pressure to use cleaner fuel to reduce both carbon...
Modi declares victory in India election but party faces shock losses and will need coalition
CNN via Yahoo News· 7 hours agoIndia’s transformative yet divisive Prime Minister Narendra Modi declared victory in national...
US buys 3 million barrels of oil for Strategic Petroleum Reserve
Reuters· 1 day agoThe U.S. is buying another 3 million barrels of oil for the country's Strategic Petroleum Reserve,...
Growing Shadow Fleet of Tankers, Shipping Sanctioned Oil, Are Burning Dirty Fuel
Insurance Journal· 7 days agoThe global shipping industry is under increasing pressure to use cleaner fuel to reduce both carbon...
Venezuela's May oil exports rise 30% during US wind-down period
Reuters· 2 days agoVenezuela's oil exports recovered in May from a low figure the previous month as state oil company PDVSA's customers rushed to take cargoes ahead of the ...
Ukraine’s best hope may be a faltering Russian economy
Yahoo Finance· 2 days agoSanctions are hurting Russia's economy more than President Vladimir Putin wants anybody to think....
U.S. Added 3.3M Bbl to Strategic Petroleum Reserve in May, DOE Data Shows -- OPIS
Market Watch· 1 day agoMay purchases were entirely sour crude, following a pattern seen in recent months. The oil came from DOE purchases scheduled for April with May delivery dates, the agency ...
New Russian Oil Price Cap Provisions in Loan Agreements | JD Supra
JD Supra· 2 days agoBorrowers covenant to comply, and assure that charterers and sub-charterers comply, with the Russian Oil Restrictions through specific enumerated actions, including providing ...
Russian Oil Finds New Site for Controversial Cargo Switching
Rigzone· 12 hours agoUnder pressure from Greece’s navy, traders of Russian oil have found a new place to switch cargoes...