World (The Times Groupe)- Oil prices rose on Tuesday due to tight supply concerns as Chinese demand is likely to rebound from COVID19 restrictions, while OPEC+ output levels are believed to fall short of demand.
Moscow (Times Of Ocean)- Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman discussed "gave a positive assessment" joint work in the OPEC+ format during a phone call, the Kremlin said in a statement.
Persian Gulf (Times Of Ocean)- Several Arab states on the Persian Gulf shores are seeking a written agreement with Washington that could primarily provide defense support following an escalation in attacks from fighters in Yemen on the United Arab Emirates and Saudi Arabia.
Paris (Times Of Ocean)- The French Foreign Minister Jean-Yves Le Drian has begun an official tour of Qatar, Oman, and Kuwait on Monday in response to an energy crisis caused by Russia's conflict in Ukraine.
Dubai (Times Of Ocean)- UAE energy minister says Monday energy markets need Russian oil and no producer can replace its production.
London (Times Of Ocean)- Brent crude moved above $111 a barrel on Monday as EU nations considered joining the US in a Russian oil embargo as well as after an attack on Saudi oil facilities over the weekend.
Ankara (Times Of Ocean)- Russia-Ukraine talks in Turkiye, decline in US crude, and gasoline inventories support prices. As the market weighs expectations of OPEC...