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Russian President Vladimir Putin is set to speak with his US and French counterparts on Saturday after the United States warned that Moscow could invade Ukraine in days. The United States had dramatically raised the alarm over Ukraine on Friday, saying a Russian invasion starting with civilians caught under aerial bombing could begin in days and telling US citizens to leave within 48 hours. In a diplomatic flurry to head off a possible invasion, Putin will speak with Joe Biden and Emmanuel Macron on Saturday. US Secretary of State Antony Blinken said he will also speak to Russian counterpart Sergei Lavrov the same day, terming this a pivotal moment in the crisis and that his government was prepared for whatever should happen. We continue to see very troubling signs of Russian escalation, including new forces arriving around Ukraines borders, Blinken said at a press conference in Fiji. If Russia is genuinely interested in resolving this crisis of its own making through diplomacy and dialogue, were prepared to do that, he said.

By Adedapo Adesanya Oil prices closed higher on Friday, moving closer to $95 per barrel on news that officials of the United States believe Russia is close to invading Ukraine. Such a move could spur sanctions against Russian exports of oil and gas, causing supply to fall and prices to rise. As a result, the []

The US has warned Russia could invade in just mere days but the White House refused to state whether they had hard evidence Vladimir Putin would send troops into the ex-Soviet state. Foreign citizens are being advised to leave the country by commercial means as quickly as possible as officials believe the threat is now [] Oil price news: Crude soars high as rumours over Ukraine invasion surge | World | News

State-owned Oil and Natural Gas Corporation (ONGC) on Saturday reported nearly seven-fold jump in third quarter net profit after higher oil and gas prices offset a drop in production.

The nation''s top oil and gas producer got $75.73 for every barrel of crude oil it produced and sold in Q3FY22 as compared to $43.20 a barrel realisation in the same period of 2020-21

The collision happened between J2, for Coventry, and J1, for Rugby at around 8am

"High oil prices in the world markets are strong support for the exchange rate of manat," Chairman of the Central Bank of Azerbaijan Elman Rustamov told Report.

Veteran Nollywood actor, Victor Osuagwu has asked the Economic and Financial Crimes Commission (EFCC) to arrest the Federal Government over the importation of adulterated petrol into the country. Victor Osuagwu Calls For Arrest Of Federal Government In a video shared on his Instagram page, the comic actor highlighted the damages that Nigerians have incurred as []

The price of a barrel of Azerbaijan''s Azeri LT CIF oil in the world market has risen by $0.52 or 0.5% to $98.75 per barrel, Report informs.

OIL PRICES have witnessed a spike as the US reports an imminent Russian invasion of Ukraine is coming.

As rapid modernisation sends Chinas oil demand soaring, the petroleum industry is driving Xinjiangs growth despite a pandemic and Western sanctions.

The vast Xinjiang region on Chinas far western border is one of its largest, the rolling expanse of deserts, mountains and grasslands making up almost a fifth of the national land mass.It is also Chinas richest in terms of natural resources, and home to most of the countrys oil and cotton fields, as well as a major producer of grains like wheat, corn and rice.The region has sparked international controversy in recent times, with allegations of forced labour and other human rights abuses

Soaring global oil prices could climb further because of the OPEC+ coalition’s “chronic” struggle to revive production, unless the group’s Middle Eastern heavyweights pump extra to compensate, the International Energy Agency warned.

LONDON: Oil prices rose 2 percent on Friday after the International Energy Agency said oil markets were tight, but crude benchmarks were still headed for weekly losses on jitters about looming US interest rate hikes and concern that U.S.-Iran talks which could boost global supplies.Brent crude…

Losses deepened in volatile trading on Wall Street after Washington said Russia had massed enough troops near Ukraine to launch a major invasion.Rising oil prices boosted energy shares more than 2.8%, though 11 major S&P 500 sector indexes declined, led by technology and consumer discretionary