OPEC+ maintains stable policy amid weakening economy, Russian oil cap

OPEC+ maintains stable policy amid weakening economy, Russian oil cap

No discussions on the Russian price ceiling – delegates Oil prices have come under pressure from a weak economy Further meetings will be held on February 1 and 3-4. June LONDON/DUBAI, Dec 4 (Reuters) – OPEC+ agreed at a meeting on Sunday to stick to its oil production targets as oil markets struggled to assess … Read more

Iran’s top legal cleric declared that the morality police had been shut down

Iran’s top legal cleric declared that the morality police had been shut down

Demonstrators are calling for an economic boycott from Monday to Wednesday Raisi will visit Tehran University on Wednesday for Student’s Day The Ministry of the Interior is silent on the status of the moral police DUBAI, Dec 4 (Reuters) – Protesters in Iran on Sunday called for a three-day strike this week, stepping up pressure … Read more

Iranian state agency reports 200 dead in protests, Raisi hails ‘freedoms’

Iranian state agency reports 200 dead in protests, Raisi hails ‘freedoms’

DUBAI, Dec 3 (Reuters) – President Ebrahim Raisi hailed the Islamic Republic of Iran on Saturday as a guarantor of rights and freedoms, defending the ruling system amid a crackdown on anti-government protests that the United Nations said had claimed more than 300 lives. Meanwhile, the country’s top security agency said 200 people, including members … Read more

Interpol has confirmed a red notice for Angolan billionaire Isabel dos Santos

Interpol has confirmed a red notice for Angolan billionaire Isabel dos Santos

LISBON, Nov 30 (Reuters) – Global police agency Interpol confirmed on Wednesday it had issued a red notice for Angolan billionaire Isabel dos Santos, the daughter of the country’s former president, asking global law enforcement agencies to track her down and temporarily arrest her. Dos Santos, who has repeatedly denied wrongdoing, has faced corruption charges … Read more

Oil prices erase 2022 gains as Chinese protests raise demand concerns

Oil prices erase 2022 gains as Chinese protests raise demand concerns

WTI is at its lowest since December 2021, Brent at its lowest since January 2022 Clashes in Shanghai as COVID protests across China Investors are focused on the next OPEC+ meeting on December 4 Nov 28 (Reuters) – Oil prices fell to near their lowest this year on Monday as street protests against strict COVID-19 … Read more

Reality is ending some Qatari dreams of a World Cup rental bonanza

Reality is ending some Qatari dreams of a World Cup rental bonanza

The agency said the Qatar hotel group had demanded new payments Some rates reduced, but many properties are empty The broker says some landlords have sought unrealistic rents DOHA, Nov 25 (Reuters) – Qatar has found itself in an unexpected glut of rooms for the packed World Cup group stage, with online portals showing rooms … Read more

Iranian fans enjoy the victory, but the protests cause a fight

Iranian fans enjoy the victory, but the protests cause a fight

AL RAYYAN, Qatar, Nov 25 (Reuters) – Iran’s national soccer team sang its national anthem during its second World Cup match against Wales on Friday, having stayed away from its opener earlier this week in apparent support of protesters. back home. Loud jeers could be heard from Iranian supporters as the anthem played, with the … Read more

Oil muted as price cap proposal eases supply concerns

Oil prices erase 2022 gains as Chinese protests raise demand concerns

G7 Russian oil price ceiling could be above current trading levels EIA gasoline inventory data shows higher-than-expected production volume China’s COVID-19 controls are tightening Nov 24 (Reuters) – Benchmark Brent crude fell slightly on Thursday, while West Texas Intermediate (WTI) crude held steady and hovered within sight of two-month lows as the level of a … Read more

Oil prices traded near two-month lows on concerns about Chinese demand, dollar strength

Oil prices traded near two-month lows on concerns about Chinese demand, dollar strength

Brent and WTI contracts were earlier down around $1 a barrel Beijing districts close schools as COVID cases rise in China A higher dollar weighs on prices LONDON, Nov 21 (Reuters) – Oil prices fell to near two-month lows on Monday, having previously fallen by about $1 a barrel, as supply concerns eased, while worries … Read more

COP27 brings climate fund breakthrough at the cost of progress on emissions

COP27 brings climate fund breakthrough at the cost of progress on emissions

The COP27 climate summit ends after a marathon weekend of negotiations The final agreement brings about the creation of a historic climate finance fund Negotiators say some have blocked stricter emissions targets SHARM EL-SHEIKH, Egypt, Nov 20 (Reuters) – Countries closed this year’s U.N. climate summit on Sunday with a hard-fought agreement to create a … Read more