News of crude

Coronavirus pandemic

Financial markets in turmoil over fear of virus lockdowns

16-03-2020 10:39 Global stocks fell sharply Monday after central bank moves to shore up economic growth failed to dispel investor's fears over virus controls that are shutting down global business and travel.

OIL TRADE

Oil tankers ‘go dark’ off Venezuela to evade US sanctions

14-11-2019 14:39 As Trump administration clamps down on Nicolás Maduro with sanctions set on depriving him of easy cash from Venezuela’s vast oil reserves, some ship captains and their employers are eager to help the embattled leader by “going dark” to hide tankers brimming with crude.

Cost of living

YPF, Shell raise consumer petrol prices by over 2.1%

02-07-2019 15:41 Argentina's state-owned oil company YPF and competitor Shell increased their consumer petrol prices by 2.5 and 2.1 percent respectively this week.