The Lebanese energy ministry issued on Thursday a statement that raises the prices of gasoline, diesel and gas after their remarkable decrease on Wednesday. The Central Bank had issued on Tuesday an order that lets the oil distributors to purchase fresh US dollars from the banks at Sayrafa rate of ...
Russia warned it was ready to reduce oil production as a response measure to the fuel price cap introduced by the EU and G7 members. Russian Deputy Prime Minister Alexander Novak stated that output could be slashed by up to 7% in early 2023. The European Union’s $60 per barrel ...