FTSE 100 Closes at Record High as Energy Stocks Surge on New Russia Sanctions
Chinese Oil Majors Halt Russian Crude Purchases Following New US Sanctions
Reuters reports that China’s state-owned oil companies have suspended purchases of seaborne Russian oil following the latest US sanctions on Rosneft and Lukoil, Russia’s two largest oil producers.
125 jobs to go at Lindsey oil refinery in north Lincolnshire
Around 125 jobs will be cut at the Lindsey oil refinery in north Lincolnshire after the collapse of its parent company, Prax Group, according to the insolvency firm managing the
Share Talk Weekly Energy Sector News Round-Up, Saturday 11th January 2024
Oil prices have climbed to their highest levels since October following reports from Reuters about new US sanctions targeting Russian crude. Brent crude surged by up to 5% today, exceeding