Latest News for: Structured oil trade

Edit

UAE a reliable partner and trade gateway to Middle East, says Costa Rican trade minister

The Gulf Time 18 Apr 2024
He commended the UAE’s success in diversifying its economy beyond oil, leading to a developed and flexible economic structure, particularly in the service trade, a focus area for both nations to underscore and reinforce through the CEPA.
Edit

UAE a reliable partner and trade gateway to Middle East, Gulf countries: Costa Rican Trade Minister

Beijing News 18 Apr 2024
He commended the UAE's success in diversifying its economy beyond oil, leading to a developed and flexible economic structure, particularly in the service trade, a focus area for both nations to underscore and reinforce through the CEPA.
Edit

Former Venezuelan oil minister is arrested in connection with corruption probe, authorities say

Fox31 Denver 10 Apr 2024
Saab alleged that those involved in the criminal structure “received the dividends from the sale of crude oil and traded these sums of money in different foreign currencies that they converted to ...
Edit

What can Russia do to sell its unwanted oil?

Hindustan Times 03 Mar 2024
Oil from the Tupi field in Brazil already trades at twice the premium to Brent than usual. The result of this more fragmented global oil-trading system will be a structurally higher price for importers.
Edit

Oil supply tightens in Europe over Red Sea disruptions

Al Jazeera 20 Jan 2024
In a sign of tighter supply, the market structure of Brent – which is used to price nearly 80 percent of the world’s traded oil – hit its most bullish in two months on Friday, as tankers diverted from ...
Edit

Egypt secures $250m loan from AFC, ITFC for GASC, EGPC

Daily News Egypt 16 Jan 2024
... Trade Finance Corporation (ITFC) ... The trade loan facility, meticulously structured in accordance with Sharia principles, represents a dynamic response to the evolving economic landscape in Africa.
Edit

Cargo ship attacked by drone off Gujarat coast near India

RNZ 23 Dec 2023
... United Kingdom Maritime Trade Operations (UKMTO). It caused structural damage to the tanker - identified in Indian media as the crude oil-carrying MV Chem Pluto - and water was taken onboard.
Edit

Soft power and cooperation the key to resolving South China Sea tensions

The Manila Times 18 Dec 2023
First Word ... " ... The central argument of "Writing on the Wall" is that for all of China's success to date, ultimately, the system is structurally unstable ... Its sheer scale forces it into structural tension with the United States ... oil, trade and currency.
Edit

Clash of Civilizations in Kazakhstan, by Pepe Escobar

The Unz Review 15 Dec 2023
... of the Russian Academy of Sciences stressed how Moscow re-structured foreign trade in less than 6 months, and how the whole mechanism of oil exports to India was put in place in only a few months.
Edit

Oil Prices Just Flipped into a ‘Contango’ Pattern. What It Is, and Why It’s Worrisome.

Market Watch 14 Dec 2023
Oil futures have started trading in a pattern that historically has been a bad sign for prices ... oil market, are trading for $72.11 a barrel ... His thesis looks at the market structure for oil futures products.
Edit

Oil heads for weekly loss amid supply surplus

Business Day 08 Dec 2023
Brent and WTI are also in contango, a market structure in which front-month prices trade at a discount to prices further out . “Some short sellers closed their position as the oil market was seen oversold.
Edit

UK Imposes Sweeping Russian Sanctions Targeting Sovcomflot and Shadow Fleet

The Maritime Executive 07 Dec 2023
The UK accused the four UAE-based entities of “using opaque corporate structures and deceptive shipping practices to facilitate unfettered trade in Russian oil, bearing down on Russia’s efforts to generate war revenues.”.
Edit

Russian oil exports yielding more revenue than before Ukraine conflict – Bloomberg

Russia Today 07 Dec 2023
An advocate for stricter measures, he admitted that alternatives to Western services will eventually become a structural feature of the global oil trade.
Edit

Putin seems to be winning the war in Ukraine—for now

Economist 30 Nov 2023
Ukraine’s counter-offensive has stalled ... A Western scheme to limit Russian oil revenues by capping the price for its crude at $60 a barrel has failed because a parallel trading structure has emerged beyond the reach of the West ... Russia will rearm ... .
Edit

Oil prices fall amid US production, China energy concerns

The News International 16 Nov 2023
Additionally, under a contango structure, WTI's front-month contract traded below the price for the second month. "Clearly, the decline in crude oil prices and the weakening of the structure is an ...

Most Viewed

Turkey's President Recep Tayyip Erdogan talks to the media at a press conference during his visit at the chancellery with German Chancellor Olaf Scholz in Berlin, Germany, Friday, Nov. 17, 2023
AP / Markus Schreiber
20th Anniversary of the 2004 EU Enlargement - Parliament’s seats illumination
© European Union 2024 - Source : EP / © European Union 2024 - Source : EP
This photo taken from a drone video provided by Ukraine Patrol Police, shows devastation in Chasiv Yar, an eastern Ukrainian city Russia is assaulting, Ukraine, Monday, April 29, 2024. The footage shows the community of Chasiv Yar - which is set amid green fields and woodland - reduced to a skeletal ghost town with few residents left. The apocalyptic scene is reminiscent of the cities of Bakhmut and Avdiivka, which Ukraine yielded after months of bombardment and huge losses for the Kremlin’s forces.
AP / Ukraine Patrol Police via AP
×