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Novorossiysk Restarts Oil Loadings at Reduced Capacity After Drone Strike

Russia has restarted limited oil loadings at its Black Sea port of Novorossiysk after a drone attack earlier this week forced a full suspension. Operations at the Sheskharis terminal resumed late Thursday, but only one berth is currently active. A single cargo of roughly 80,000 tons is expected to... Далее

OilPrice

Novorossiysk Restarts Oil Loadings at Reduced Capacity After Drone Strike

Russia has restarted limited oil loadings at its Black Sea port of Novorossiysk after a drone attack earlier this week forced a full suspension. Operations at the Sheskharis terminal resumed late Thursday, but only one berth is currently active. A single cargo of roughly 80,000 tons is expected to... Далее

OilPrice

Novorossiysk Restarts Oil Loadings at Reduced Capacity After Drone Strike

Russia has restarted limited oil loadings at its Black Sea port of Novorossiysk after a drone attack earlier this week forced a full suspension. Operations at the Sheskharis terminal resumed late Thursday, but only one berth is currently active. A single cargo of roughly 80,000 tons is expected to... Далее

OilPrice

US Oil, Gas Drillers Take the Foot Off the Gas As Prices Climb

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Thursday, bringing the total rig count in the US to 545, down 38 from this same time last year. The number of active oil rigs stayed at 411 during the... Далее

OilPrice

IMF Warns Iran War Will Leave Lasting Scars on Global Economy

Several fuel shortages, hunger, and spiralling inflation will be some of the consequences of the Iran war as the head of the International Monetary Fund said that it would leave “scarring effects” on the global economy. In a speech by Kristalina Georgieva, the IMF’s managing director, global... Далее