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A German online heating oil platform registered record fuel sales on the day that crude prices plunged to a four-year low ...
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German customs seize Russian-linked tanker amid oil sanctionsGerman customs services seized a tanker that ... As of June 2023, they were transporting 2.4 million barrels of oil per day. By June 2024, this amount had increased to 4.1 million barrels.
German customs authorities have seizes ... 5% higher than in the same period in 2023 as Russian oil averaged $64 per barrel, according to the Kyiv School of Economics. Evading the cap earned ...
It comes as the 8 nations are ending a voluntary reduction in their crude oil output of 2.2 million barrels a day ... want a "militarily strong Ukraine," German Defense Minister Boris Pistorius ...
Bank of America forecast the global trade war – which has heated up as China and the European Union threaten retaliation – will cut oil demand growth in half this year to 450,000 barrels per day.
U.S .crude oil fell $1.29, or 2.08%, to close at $60.70 per barrel, while Brent lost $1.37, or 2.09%, to settle at $64.21. The latest price action comes after U.S. crude and Brent closed down more ...
U.S. crude oil closed below $60 per barrel on Tuesday, the lowest level in four years as traders fear that President Donald Trump's sweeping tariffs will trigger a full-blown, global trade war.
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U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fearsU.S. oil prices dropped below $60 a barrel on Sunday on fears President Donald Trump's global tariffs would push the U.S., ...
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