Day: November 23, 2023

Oil tumbles 4% as OPEC+ meeting delayed

Energy News Beat Investing LONDON – Oil prices tanked 4% on Wednesday as OPEC+ producers unexpectedly delayed a meeting on output planned for Sunday, raising questions about the future course of crude production cuts. Source: Reuters  futures was down $3.39, or 4.1%, to $79.06 a barrel by 1412 GMT. U.S. West Texas Intermediate (WTI) crude […]

India emerges as major supplier of refined petroleum to EU – media

Energy News Beat The bloc has drastically increased purchases from the South Asian nation, RIA Novosti reports, citing EU statistics India has become the European Union’s second-largest supplier of refined petroleum products this year, RIA Novosti reported on Thursday, citing its own calculations based on the bloc’s official statistics. According to Eurostat’s latest EU imports […]

Türkiye in no rush to fulfill Sweden’s NATO hopes – Reuters

Energy News Beat The news agency claims Ankara said it would not ratify Stockholm’s bid in time for a NATO ministerial meeting next week NATO will be unable to officially induct Sweden at next week’s meeting of foreign ministers, member Türkiye has reportedly notified the military bloc. Reuters cited anonymous sources on Wednesday as saying […]

Crypto investors pull over $1 billion out of Binance

Energy News Beat The outflow follows a huge fine on the exchange and criminal charges against its former CEO in the US   The world’s largest crypto exchange Binance saw a sharp uptick in withdrawals after its founder and CEO Changpeng Zhao pleaded guilty to criminal and civil charges in the US, it was reported […]