EMEA

Analysis: Russia's G7 oil price ceiling moves from revenue squeeze to market anchor

Analysis: Russia’s G7 oil price ceiling moves from revenue squeeze to market anchor

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WASHINGTON, Dec 6 (Reuters) – When U.S. officials first floated the idea of ​​capping Russian oil export prices in response to a planned European embargo in March, they pledged to cut revenue of the Russian war machine, while avoiding a devastating spike in oil prices. But keeping Russian oil on the market and global prices …

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Global oil market signals near-term weakness ahead of EU embargo on Russian oil

Global oil market signals near-term weakness ahead of EU embargo on Russian oil

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NEW YORK, Nov 28 (Reuters) – The global oil market is signaling a potential shift as traders and analysts worry about falling demand for crude and a surplus market in the coming months. After months of strength, crude futures are flirting with all-year lows as major oil consumer China enters additional COVID-19-related lockdowns while central …

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Qatar strikes 27-year LNG deal with China as competition intensifies

Qatar strikes 27-year LNG deal with China as competition intensifies

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Talks with other Chinese and European buyers underway -Kaabi Says buyers can take up to 5% stake in expansion Agreement indicates importance of long-term secure supply DOHA, Nov 21 (Reuters) – QatarEnergy has signed a 27-year deal to supply China’s Sinopec with liquefied natural gas in the longest LNG deal to date as volatility drives …

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