Russian oil trader switches from open bidding to individual trading sanctions | Reuters

On March 17, Russian oil dealers are switching from general bidding to individual trading following new sanctions on Russia by Western countries. Photo taken in February at Zenica, Bosnia and Herzegovina (2022 Archyde.com / Dado Ruvic) [Archyde.com]–Russian oil dealers are switching from general bidding to individual trading due to new sanctions imposed on Russia by … Read more

Russian oil and products may not be supplied 3 million barrels a day = IEA | Reuters

The International Energy Agency (IEA) said on the 16th that Russia’s oil and petroleum products with a daily capacity of 3 million barrels may not be on the market after April due to sanctions associated with the invasion of Ukraine. Taken in 2015 at a drilling facility in Russia. (2022 Archyde.com / Sergei Karpukhin) [London, … Read more

Nikkei average continues to fall, wary of Ukraine situation and crude oil high price low for the first time in 1 year and 4 months | Reuters

[Tokyo 8th Archyde.com]–On the Tokyo Stock Exchange, the Nikkei average closed at 24,790.95 yen, down 430.46 yen from the previous business day, on the third consecutive day. The uncertainties in the situation in Ukraine and the negative impact on the economy due to the high price of crude oil were wary, and the market was … Read more

Berkshire Holds Over $ 5 Billion Occidental Shares | Reuters

Berkshire Hathaway, an investment company of well-known US investor Warren Buffett, has been found to hold more than $ 5 billion in shares in the US oil and gas giant Occidental Petroleum. Taken in April 2019 (2022 Archyde.com / Brendan McDermid) [Archyde.com]–It was revealed that Berkshire Hathaway, an investment company of well-known US investor Warren … Read more