05:02 PM @ 02/12/2022
European Union governments tentatively agreed on Thursday (1 December) on a $60 a barrel price cap on Russian seaborne oil – an idea of the Group of Seven (G7) nations – with an adjustment mechanism to keep the cap at 5% below the market price, according to diplomats.SEE MORE04:43 PM @ 02/12/2022
Under pressure from Western sanctions, Russia redirected more residual fuel oil to Asia and using ship-to-ship transfers to build larger cargoes for distant markets, a report said on Monday.SEE MORE04:24 PM @ 01/12/2022
European Union states are discussing capping the price of Russian crude oil at $60 a barrel to help secure an agreement among the bloc’s wider membership and the broader Group of Seven, according to people familiar with the matter.SEE MORE08:53 PM @ 30/11/2022
The European Commission proposed a plan on Wednesday to compensate Ukraine for damage from Russia's invasion with proceeds from investing Russian funds frozen under sanctions.SEE MORE08:30 PM @ 30/11/2022
Europe’s consumption of propylene oxide (PO) and its derivatives has been sluggish through H2, due to high energy costs, the economic downturn, and shifting consumer patterns.SEE MORE
