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Top News In Oili Today - Breaking & Trending Today

Exclusive: India's Bank of Baroda stops clearing payment for above-cap Russian oil - sources

India's Bank of Baroda has stopped clearing payments for Russian oil sold above the price cap set by the West from this month, three sources with direct knowledge of the matter said, a move that could expedite transition to a rupee trade mechanism. ....

United Arab Emirates , Tony Munroe , Nidhi Verma , Igor Sechin , Siddhi Nayak , Jacqueline Wong , India Bank , Thomson Reuters Trust Principles , European Union , Axis Bank , Thomson Reuters Trust , Repi Exploration Production , Repi Transport Fuels ,

Poland's PKN Orlen ends final Russian oil contract without penalties, says CEO

PKN Orlen has terminated its contract with Russia's Tatneft without paying any penalties, the Polish company's chief executive said on Tuesday, after Moscow halted supplies of oil to Poland. ....

Saudi Arabia , Vologodskaya Oblast , Warminsko Mazurskie , Mark Potter , Daniel Obajtek , Saudi Aramco , Thomson Reuters Trust Principles , European Union , Western Africa , Alan Charlish Editing , Thomson Reuters Trust , Repi Grid Infrastructure , Repi Exploration Production , Repi Petrochemicals , Repi Refining ,

Arrests in Venezuela probe of oil company PDVSA climb to 34

The number of people arrested as part of a corruption investigation at Venezuela's state oil company PDVSA has risen to 34, Attorney General Tarek Saab said on Wednesday. ....

Distrito Federal , Tarek Saab , Tareck El Aissami , El Aissami , Pedro Rafael Tellechea , Julia Symmes Cobb , Mayela Armas , Nicolas Maduro , Thomson Reuters Trust Principles , Attorney General Tarek Saab , Corporacion Venezolana De Guayana , President Nicolas , Thomson Reuters Trust , Repi Exploration Production , Reuters Legal , Repi Transport Fuels ,

India-China competition, OPEC cuts nudge Urals above price cap

Russian Urals oil broke through the $60 per barrel price cap on Wednesday, boosted by strength in international benchmark Brent after OPEC+ announced an output cut, three sources involved in Russian oil trade said and Reuters calculations showed. ....

United States , Barbara Lewis , Vladimir Putin , Muyu Xu , Florence Tan , Organization Of The Petroleum Exporting Countries , Thomson Reuters Trust Principles , Indian Oil Corp , President Vladimir , Petroleum Exporting Countries , Thomson Reuters Trust , Repi Exploration Production , Repi Transport Fuels ,

Germany's Allianz does not intend to renew Nord Stream 1 policy

German insurance company Allianz said on Wednesday it does not intend to renew a policy for the Nord Stream 1 project when it expires in late 2023. ....

Tom Sims , Jan Harvey , Paul Simao , Jonathan Saul , Baltic Sea , Thomson Reuters Trust Principles , Nord Stream , Russian Controlled Nord Stream , Thomson Reuters Trust , Repi Grid Infrastructure , Repi Exploration Production ,