(Bloomberg) The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make supplies from closer to home more attractive.Most Read from BloombergIraq Says 16 Killed in US Strikes, Calls Security Risk GraveJapan Assures Fans Taylor Swift Can Make It to the Super BowlMeta’s $197 Billion Surge Is Biggest in Stock-Market HistoryChina’s Lunar New Year Pork Gloom Exposes Deep Economic TroubleBiden Swipes at Trump’s Personality in ‘Weirdest Campa
Nigeria s Dangote Oil Refinery Criticized Over Purchase of US Crude
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OPEC Cuts Oil Production as Coalition Begins New Supply Pact
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OPEC Cuts Oil Production as Coalition Begins New Supply Pact
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(Bloomberg) Russia’s seaborne crude shipments fell further last week, with flows from a key Pacific port that supplies Chinese buyers halted for five days by high winds and freezing temperatures.Most Read from BloombergMusk Says First Neuralink Patient Received Implant in BrainTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetBlackstone Is Building a $25 Billion Empire of Power-Hungry Data CentersTrump Cash Stockpile at Risk From $450 Million Dual VerdictsIsrael Military Sees It