The EU’s Embargo On Russian Oil Will Be A Boon For OPEC
- The current oil market climate is complex, to say the least.
- Europe is preparing to enact its embargo on Russian oil and refiners are scrambling for alternatives.
- Many searching for new sources of crude have landed on Middle Eastern producers as a potential alternative.
Tag: oil trade
Diosdado Cabello: Washington Has Not Lifted Any Sanctions Against Venezuela
Caracas, May 26, 2022 (OrinocoTribune.com)—This Wednesday, May 25, the Vice President of the United Socialist Party of Venezuela (PSUV), Diosdado Cabello, said that the United States government has not lifted any illegal sanctions against the Venezuelan people.
Diosdado Cabello: Washington Has Not Lifted Any Sanctions Against Venezuela
Related:
Venezuela Confirms US Authorized Oil Corporations to ‘Negotiate & Restart Operations’