Oil prices - DHAKA NEWS

Russia works on measures to prevent discounting of its oil prices

Russia’s energy ministry said Tuesday it is working on additional measures to limit discounts on Russia’s oil prices to international standards, after price caps were imposed by the West. Russia is the world’s second largest oil exporter after Saudi Arabia, with oil and gas sales accounting for nearly half of the country’s state budget revenue. […]

By Md. Shanzid Raihan Shanto

January 10, 2023January 10, 2023

International

Oil down in Asia, New York crude falls below $90

Oil prices were lower in Asian trade today, with investor sentiment weighed down by fears over Greece’s deepening debt crisis and a downgrade of global energy demand. New York’s main contract, light sweet crude for delivery in October, was down 71 cents to $89.50 a barrel in morning trade, and Brent North Sea crude for […]