Post Tagged with: "benefit"

Source: Oil Price

OPEC ready to intervene “For the benefit of oil markets”

Oil Price


OPEC Secretary General Haitham al-Ghais said on Wednesday that the organization is ready to “intervene for the benefit of oil markets”, Saudi-owned Al-Arabiya TV reports, citing Ghais as saying that OPEC is aware, cautious and monitoring …

Source: Reuters

U.S. Treasury Secretary: A Russian oil price cap will benefit China and India

Oil Price


The U.S.-led initiative seeking to set a ceiling on the price of Russian oil sold on international markets will benefit China, U.S. Treasury Secretary Janet Yellen told media today on the sidelines of the G20 summit.

“We see …

Horizon Energy Global set to benefit as UK North Sea drilling activity increases amid European natural gas crisis

Horizon Energy Global set to benefit as UK North Sea drilling activity increases amid European natural gas crisis

Oil and Gas 360


By: Larry Busnardo, EnerCom

The natural gas crisis unfolding in Europe appears to be intensifying as Russia has dialed back natural gas supplies to the region. European countries have been scrambling to determine how to meet …