Now playing Next Markets Euroviews. Oil price forecast for 2024: What’s in store for global crude? Despite the headwinds in 2024, consumers might be able to breathe a sigh of relief as oil prices are expected to remain range-bound or trend downwards as compared to 2023, Osama Rizvi writes. 25/12/2023
Now playing Next Markets Here's why global investors will be closely watching the OPEC+ meeting Global investors, including those in Europe, will be closely watching what actions will be taken at the November OPEC+ meeting, which will shed more light on the next steps of the major oil-producing countries. 29/11/2023
Now playing Next Markets How a dark fleet of ships is helping Russia evade oil sanctions A dark fleet, untraceable operators, and discounts helped Russian oil trade flow despite Western sanctions in the last 18 months. 16/11/2023
Now playing Next Markets Oil prices keep rising, experts foresee $100 a barrel After a short pause last week, oil prices are on the rise again fuelled by Russia's temporary ban. 25/09/2023
Now playing Next Markets Uncertainty in Europe as oil prices keep climbing Oil prices have climbed further after they hit a ten-month record on Thursday and gas prices are also inching towards their highest level of the year. 15/09/2023
Now playing Next Business Greek shipping company fined $2.4 million for violating Iran sanctions The now-public case against Greece's Empire Navigation, which faces three years of probation under the plea agreement, marks the first public acknowledgement by US prosecutors that the US seized some 1 million barrels of oil from the tanker Suez Rajan. 07/09/2023
Now playing Next Green News 'Selfish': UK to grant 100 new licenses for oil and gas exploration Britain's government says the move will improve energy security, while new carbon capture and storage projects will create tens of thousands of jobs. 31/07/2023
Now playing Next Europe News EU imports of Russian oil plunge by 90% as a result of sweeping bans It's official: the European Union is no longer the top client of Russian oil. 19/06/2023
Now playing Next Green News The UN is racing to prevent one of the worst oil spills of all time Eight years after the Safer super tanker got stranded in the Red Sea, the UN has reached a 'critical milestone' for averting disaster. 31/05/2023
Now playing Next Russia Where is Russia exporting its oil post EU sanctions? Russia recently exported more oil than at any other time following its invasion of Ukraine last year. 31/05/2023
Now playing Next world news Greenpeace activists occupy vessel carrying Shell oil platform Activists from environmental group Greenpeace boarded a vessel contracted to Shell as it sailed in the Atlantic Ocean on Tuesday, demanding that the Anglo-Dutch oil giant "stop drilling and start paying". 07/02/2023
Now playing Next Saudi Arabia 'A new era': China's Xi hails Saudi Arabia visit The meeting between the two leaders is being carefully watched by the United States, whose relations with the Gulf-state and the Asian superpower remain highly fractured 09/12/2022
Now playing Next no comment Watch: Oil spill pollutes Venezuela's coastline Local authorities in the Venezuelan state of Anzoategui have announced the closure of several beaches as a result of an oil spill that covers several kilometers of coastline. 07/12/2022
Now playing Next Green News Greenpeace accuses TotalEnergies of ‘shocking’ emission underreporting Underreporting of carbon emissions throw the net zero goals of oil and gas companies into doubt, campaign group Greenpeace claim. 03/11/2022