Latest news about Oil in The Nomad Today

HANDOUT - 30 May 2022, Belgium, Brussels: Ukrainian President Volodymyr Zelensky delivers a video address from Kyiv during the special meeting of the European Council at the European Union headquarters. Photo: Dario Pignatelli/European Council/dpa - ATTENTION: editorial use only and only if the credit mentioned above is referenced in full.

World

WAR IN UKRAINE

EU countries clinch deal on sanctioning Russian oil imports

The Nomad Today/dpa 5/31/22

Zelensky also warned EU leaders about the dangers of Russia's blockade on Ukraine's ports for global food prices and the risk of another global migration crisis as a result

HANDOUT - 27 April 2022, Belgium, Brussels: President of the European Commission Ursula von der Leyen chairs the weekly meeting of the European Commission. Photo: Claudio Centonze/European Commission/dpa - ATTENTION: editorial use only and only if the credit mentioned above is referenced in full.

World

WAR IN UKRAINE

EU's von der Leyen calls for import ban on Russian oil by year-end

The Nomad Today/dpa 5/4/22

This is to be managed in a phased approach to preserve the bloc's economic stability and global oil market prices

HANDOUT - 21 March 2022, Russia, Moscow: Russian President Vladimir Putin speaks with Dmitry Artyukhov (not pictured), Governor of Yamalo-Nenets Autonomous Okrug, during their meeting. Photo: -/Kremlin /dpa - ATTENTION: editorial use only and only if the credit mentioned above is referenced in full.

World

WAR IN UKRAINE

Putin orders 'unfriendly' countries to make gas payments in roubles

The Nomad Today/dpa 3/23/22

Russia will continue to deliver gas as promised, but will no longer accept payments in dollars or euros

Economy & Business

WAR IN UKRAINE

Oil prices surge as US bans Russian crude oil imports

The Nomad Today/dpa 3/8/22

Earlier on Tuesday, the US banned all imports of crude oil from Russia

A woman heads into a Berlin supermarket on Monday. The annual rate of eurozone inflation climbed to its highest point ever in November, at 4.9 per cent, driven largely by surging energy prices, the EU statistical office Eurostat said on Tuesday. Photo: Annette Riedl/dpa.

Spain

WAR IN UKRAINE

Experts forecast Spain inflation up to 6.5% in 2022 due to Ukraine war

The Nomad Today 2/24/22

The prices of gas and oil, vital for the functioning of developed countries, have already increased and it is very likely that these higher costs will soon spread to the rest of the goods and…

24 February 2022, Japan, Tokyo: A man walks past an electronic stock exchange board displaying Japan's Nikkei stock index in downtown Tokyo. Japan's Nikkei index fell below 26,000 points on Thursday for the first time since November 2020 after Russian troops attacked Ukraine in the morning. Photo: Rodrigo Reyes Marin/ZUMA Press Wire/dpa.

Economy & Business

WAR IN UKRAINE

World markets dive, oil soars as Russia invades Ukraine

The Nomad Today/dpa 2/24/22

The rouble currency meanwhile fell to a record low against the US dollar, losing 6% of its value

Economy & Business

CONSUMER PRICES

Filling the car's gas tank in Spain has never been so expensive

The Nomad Today 2/3/22

The average price of gasoline in Spain set an all-time record, according to the latest Oil Bulletin of the European Commission

Economy & Business

ENERGY

Oil and gas giant Shell plans share buyback after strong recovery

The Nomad Today/dpa 2/3/22

Revenue for the quarter nearly doubled to $85.3 billion from $44 billion in the previous year

FILED - Kazakhstan's President-elect Kassym-Jomart Tokayev speaks during a press conference after the Kazakh presidential elections. Photo: -/Kazakh Presidency/dpa - ATTENTION: editorial use only and only if the credit mentioned above is referenced in full.

World

RIOTS

Kazakh president issues shoot-to-kill order against protesters

The Nomad Today/dpa 1/7/22

On Friday morning, state television reported that 26 demonstrators had been killed and over 3,000 arrested since the unrest began

Stock photo of La Rambla in Barcelona, full of people. Photo: Pixabay.

Economy & Business

CONSUMER PRICES

Rise in electricity and fuel prices raise inflation to 4% in Spain

The Nomad Today 9/29/21

Inflation reaches its highest annual rate in 13 years

A gas station in Espoo. Photo: Foreigner.fi.

Finland

ENERGY

Finland fuel prices rose sharply in the second quarter

The Nomad Today 9/9/21

Not only fuels derived from oil have increased their prices

HANDOUT - 28 March 2021, Venezuela, Caracas: Nicolas Maduro, president of Venezuela, holds a cross during a press conference. Maduro has offered to swap oil for COVID-19 vaccines in view of rapidly rising coronavirus numbers as well as US sanctions against the crisis-torn South American state. Photo: Jhonn Zerpa/Prensa Miraflores/dpa - ATTENTION: editorial use only and only if the credit mentioned above is referenced in full

World

SANCTIONS

Venezuela's president offers to swap oil for Covid-19 vaccines

The Nomad Today/dpa 3/30/21

Due to a lack of foreign currency and numerous US sanctions, the country can hardly import food, medicine and daily necessities.

Finland

BUSINESS

Neste to dismiss 370 workers, 100 less than previously announced

The Nomad Today 11/30/20

The state-owned oil company has concluded codetermination negotiations that will lead to the closure of the Naantali refinery in March 2021.

Vladimir-Putin-Gerhar-Schröeder-by-Kremlin.ru

Economy & Business

Russia's Rosneft re-elects German ex-chancellor Schröeder as chairman

The Nomad Today 6/8/20

Schroeder, 76, has been repeatedly criticized in Germany for his ties to the oil giant and his close friendship with Vladimir Putin.

Finland

Transport in domestic waterborne traffic decreased

The Nomad Today 6/8/20

Oil products were transported most.

Trucks driving on a highway. Photo: Pixabay.

Finland

The effects of coronavirus crisis on fuels reduced inflation in March

The Nomad Today 4/14/20

Tobacco, medicines, fruits, vegetables, and wireless phone services increased their prices in March.

Hybrid electric cars charging. Photo: Pixabay.

Finland

Prices of fuels rose in the first quarter of 2019

The Nomad Today 6/12/19

According to Statistics Finland's data, prices of fuels rose in nearly all energy products in the first quarter of 2019. In March, the electricity prices for households rose by 10% to 12%, depending…