#oil

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Egypt and Libya Near $1 Billion Oil Pipeline Deal (oilprice.com)

🛢️ #Oil "Egypt and Libya are reportedly nearing a deal to build an 800-kilometer oil pipeline connecting Tobruk with Alexandria, creating a direct route for growing Libyan crude production to reach Egyptian refineries as the war with Iran disrupts Egypt’s traditional Gulf supplies. The…"

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Stocks Churn as Oil Advance Boosts Treasury Yields (bloomberg.com)

🛢️ #Oil "A rally in oil prices left stocks wavering while bond yields rose, with trader anxiety building just days ahead of key inflation reports. Aaron Kennon, Co-Founder & CEO of Clear Harbor Asset Management, discusses his view on the markets and takeaways from this earnings season.…"

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Original post on masto.ai (masto.ai)

#OilSpill off #Oman from tanker under sanctions against #Russia spreads over huge area Leaking #crude #oil from ‌a tanker grounded off a #NatureReserve in Oman has created a slick covering almost 400 square kilometres, the country's government said Monday. #EcologicalDisaster #MarineLife […]