The Week in Oil: Supply Disruptions, Geopolitics in Focus
OVERVIEW: Oil prices slipped on Friday but are still on track for modest weekly gains amid fears of supply disruptions and uncertainties around negotiations to end the war in Ukraine. Brent crude, the ...
CPC says oil flows bypassing damaged pumping station
The Caspian Pipeline Consortium (CPC) said on Friday that oil flows via the Tengiz-Novorossiisk system were bypassing a pumping station damaged by a Ukrainian drone strike and that oil loadings at the ...