Germany warns possible price ceilings for Russian oil far from close – sources

Industrial facilities of PCK Oil Refinery are pictured in Schwedt/Oder. The company receives crude oil from Russia through the ‘Friendship’ pipeline, Germany, May 9, 2022. REUTERS/Hannibal Hanschke Register now for FREE unlimited access to Register BRUSSELS, June 30 (Reuters) – Germany and other European Union governments expressed caution over price caps for Russian oil … Read more

Ecuador cuts petrol prices in last concession to protesters

QUITO, June 26 (Reuters) – Ecuadorian President Guillermo Lasso said Sunday he would cut gasoline and diesel prices by 10 cents a gallon, the latest concession to try to end nearly two weeks of anti-government protests that at least six people have died. The sometimes violent demonstrations by largely indigenous protesters demanding, among other things, … Read more