Oil jumps 5% as Caspian pipeline disruption adds to supply fears

A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register Caspian crude pipeline accounts for over 1% of world demand US crude stockpiles fall, output flat for 7th week in a row Biden … Read more

Nazanin, Ashoori arrive in Britain after Iran prison ordeal

BRIZE NORTON, England, March 16 (Reuters) – British-Iranian aid worker Nazanin Zaghari-Ratcliffe and dual national Anoosheh Ashoori arrived in Britain from Iran on Thursday, ending an ordeal during which they became a bargaining chip in Iran’s talks with the West over its nuclear programme. They arrived at the British military airbase of Brize Norton in … Read more

Ballistic missiles hit Iraq’s Kurdish capital, no casualties – officials

ERBIL, Iraq, March 13 (Reuters) – Missile attacks that struck Iraq’s northern Kurdish regional capital of Erbil on Sunday were launched from Iran, a US official told Reuters, without giving further details. A dozen ballistic missiles struck Erbil at 1 am on Sunday, targeting the US consulate’s new building and the neighboring residential area but … Read more

Oil set for weekly loss as supply remedies emerge

A general view shows a local oil refinery behind residential buildings in Omsk, Russia February 10, 2021. REUTERS/Alexey Malgavko Register now for FREE unlimited access to Reuters.com Register Market grappling with determining supply shortages from Russia Brent benchmark see-sawed in wide trading range this week OPEC nations stick to alliance with Russia LONDON, March 11 … Read more

Ukraine’s farmers stalled, fueling fears of global food shortages

March 11 (Reuters) – The Russian invasion of Ukraine threatens millions of tiny spring-time sprouts that should emerge from stalks of dormant winter wheat in the coming weeks. If the farmers can’t feed those crops soon, far fewer of the so-called tillers will spout, jeopardizing a national wheat harvest on which millions in the developing … Read more

Russian forces regroup near Kyiv after setbacks

Biden to call for an end of normal trade with Russia – source Satellite images show Russians redeploy north of Kyiv Britain says Russia could launch assault on Kyiv within days LVIV, Ukraine, March 11 (Reuters) – Russian forces bearing down on Kyiv are regrouping northwest of the Ukrainian capital, satellite pictures showed, and Britain … Read more

Oil jittery as market weighs OPEC filling Russia supply gap

Industrial facilities of PCK Raffinerie oil refinery are pictured in Schwedt/Oder, Germany, March 8, 2022. The company receives crude oil from Russia via the ‘Friendship’ pipeline. REUTERS/Hannibal Hanschke Register now for FREE unlimited access to Reuters.com Register Brent, WTI trade in $4 to $5 ranges UAE officials give differing views on output plans US crude … Read more

Moscow says it will let Ukrainian civilians flee – to Russia

Talk of humanitarian corridors comes after failed ceasefires Oil price surges as US considers Russia oil ban Ukraine says Russian forces assault preparing on Kyiv LVIV/IRPIN, Ukraine, March 7 (Reuters) – Moscow offered Ukrainians escape routes to Russia and its close ally Belarus on Monday, drawing cries of outrage from Ukraine, where officials said a … Read more

Oil soars as Russian energy supply fears intensify

Models of oil barrels and a pump jack are displayed in front of Ukrainian and Russian flag colors in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Russia faces disruptions to oil exports without SWIFT OPEC+ revises down 2022 market surplus estimate Goldman Sachs raised one-month … Read more