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12° Nicosia,
29 March, 2024
 

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Displaying results 1-30 of 181 matches for query oil price.

1. How Russia defies sanctions with its secret gas fleet

https://knews.kathimerini.com.cy/en/news/how-russia-defies-sanctions-with-its-secret-gas-fleet

Moscow's response to Western sanctions on the Russian gas industry has revealed a strategic shift in its approach, with the creation of a 'shadow fleet' of liquefied natural gas (LNG) carriers. ...

2. Russian oil payments delayed amid sanctions scrutiny

https://knews.kathimerini.com.cy/en/news/russian-oil-payments-delayed-amid-sanctions-scrutiny

Russian oil companies are facing significant delays in receiving payments for crude and fuel as banks in China, Turkey, and the United Arab Emirates (UAE) exercise increased caution over potential U.S. secondary sanctions, according to eight sources familiar with the matter....

3. Cyprus braces for soaring fuel prices

https://knews.kathimerini.com.cy/en/business/cyprus-braces-for-soaring-fuel-prices

Cyprus braces for a significant hike in motor fuel prices by mid-April, with increases of 10 cents per liter expected to impact consumer spending across the island nation, according to a report by Kathimerini's Maria Eraclous....

4. Cyprus ends fuel tax break, prices set to spike from April 1st

https://knews.kathimerini.com.cy/en/news/cyprus-ends-fuel-tax-break-prices-set-to-spike-from-april-1st

Starting April 1st, the reduced consumption tax on fuels (95-octane gasoline and diesel) will come to an end, reverting to 8.3 cents per liter for gasoline and 6.3 cents per liter for heating oil....

5. Prices on the rise

https://knews.kathimerini.com.cy/en/business/prices-on-the-rise

The Consumer Protection Agency has released its latest report on product prices for February 2024, focusing on 250 key consumer items sold across 400 stores nationwide. ...

6. Olive oil prices spike 49% in Cyprus

https://knews.kathimerini.com.cy/en/news/olive-oil-prices-spike-49-in-cyprus

In January 2024, the price of olive oil experienced a significant surge, with Cyprus leading the pack with a remarkable 49% increase, according to data released by Eurostat, the EU's statistical office. ...

7. Putin's blackmail fails to halt green transition

https://knews.kathimerini.com.cy/en/news/putin-s-blackmail-fails-to-halt-green-transition

Ursula von der Leyen, the president of the European Commission, stated on Tuesday that Vladimir Putin's attempts at "blackmail" have backfired, hastening the EU's shift toward green energy. ...

8. Electricity subsidy extends to vulnerable consumers until February's end

https://knews.kathimerini.com.cy/en/news/electricity-subsidy-extends-to-vulnerable-consumers-until-february-s-end

With its metaphorical ''finger on the trigger,'' the Ministry of Finance is vigilantly tracking the anticipated surges in the current....

9. Consumer alerts raised over potential fuel price hikes

https://knews.kathimerini.com.cy/en/news/consumer-alerts-raised-over-potential-fuel-price-hikes

Konstantinos Karagiorgis, Director of the Consumer Protection Service, emphasized the importance of factual justification for price increases during an interview with CNA....

10. January Newsletter of K. Treppides & Co Ltd: CySEC

https://knews.kathimerini.com.cy/en/business/2-january-newsletter-of-k-treppides-co-ltd-cysec

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...

11. How the consumer pocket faces a perfect economic storm

https://knews.kathimerini.com.cy/en/news/how-the-consumer-pocket-faces-a-perfect-economic-storm

The uncertainty and the intense upheavals in the global supply chain continue....

12. Houthi strikes send prices soaring in global trade

https://knews.kathimerini.com.cy/en/news/houthi-strikes-send-prices-soaring-in-global-trade

In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....

13. US and UK launch joint operations against Houthis in response to Red Sea ship attacks

https://knews.kathimerini.com.cy/en/news/houthi-rebels-reject-us-maritime-shield-typhoon-aircraft-take-off-from-akrotiri

As the sun sets over the Akrotiri base in Cyprus, a celestial dance unfolds. Two pairs of Typhoon FGR4 aircraft, gracefully reported by British TV channels, take flight....

14. Half of container ships avoid Red Sea due to attacks

https://knews.kathimerini.com.cy/en/news/1-half-of-container-ships-avoid-red-sea-due-to-attacks

In a dramatic response to mounting security threats, half of the container ships navigating the Red Sea and the Suez Canal are steering clear of the danger zone....

15. Major shipping firms redirect routes as Red Sea attacks intensify

https://knews.kathimerini.com.cy/en/news/major-shipping-firms-redirect-routes-as-red-sea-attacks-intensify

In a significant move with potential global repercussions, major shipping companies, including MSC, Maersk, and Hapag-Lloyd, opt to steer clear of the Red Sea route....

16. Supermarkets in Spain take extreme measures to protect olive oil

https://knews.kathimerini.com.cy/en/news/supermarkets-in-spain-take-extreme-measures-to-protect-olive-oil

In Spain, the world's leading olive oil producer, supermarkets are resorting to extreme measures as the price of this liquid gold skyrockets. With some bottles reaching 14.5 euros, theft is on the rise, prompting anti-theft devices on olive oil shelves....

17. November Newsletter of K. Treppides & Co Ltd: Financial Conduct Authority (FCA)

https://knews.kathimerini.com.cy/en/business/november-newsletter-of-k-treppides-co-ltd-financial-conduct-authority-fca

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...

18. A deep dive into food waste solutions

https://knews.kathimerini.com.cy/en/news/a-deep-dive-into-food-waste-solutions

A third of all food produced is never eaten, meanwhile millions go hungry. What can be done? Here are six simple solutions to food waste....

19. Reduced prices in fuel expected soon

https://knews.kathimerini.com.cy/en/news/reduced-prices-in-fuel-expected-soon

Further reductions in fuel prices are expected in the coming period....

20. Suppliers push for price increases amidst economic uncertainty

https://knews.kathimerini.com.cy/en/news/suppliers-push-for-price-increases-amidst-economic-uncertainty

Marios Antoniou, the General Secretary of the Retail Trade Association, discussed the pricing dynamics of products affected by the zero VAT rate, as well as current data and requests for price adjustments during an appearance on SPOR FM's show, Dispersion News....

21. Reduced fuel and heating oil prices come into effect today

https://knews.kathimerini.com.cy/en/news/reduced-fuel-and-heating-oil-prices-come-into-effect-today

The excise tax on fuel and heating oil in Cyprus has been reduced by 8.33 and 6.39 cents per litre, respectively, as announced by the government on October 19....

22. Tensions escalate as Aphrodite field negotiations reach breaking point

https://knews.kathimerini.com.cy/en/comment/opinion/tensions-escalate-as-aphrodite-field-negotiations-reach-breaking-point

The final phase of negotiations for the development of the Aphrodite field, led by Chevron's consortium in Block 12 and the Republic of Cyprus, is approaching its deadline, set by Nicosia for the commencement of FEED operations on the upcoming Sunday, November 5....

23. Government's fuel tax reduction faces 24-hour delay

https://knews.kathimerini.com.cy/en/news/government-s-fuel-tax-reduction-faces-24-hour-delay

The government's plan to reduce the consumption tax on fuel is encountering a significant delay, postponing the expected relief for consumers....

24. A 3-year wait and a 2024 deadline loom for gas transport

https://knews.kathimerini.com.cy/en/news/a-3-year-wait-and-a-2024-deadline-looms-for-gas-transport

Three years after the groundbreaking for the liquefied natural gas terminal, a project worth $289 million in euros has been initiated....

25. Government support package under fire for short-term fixes

https://knews.kathimerini.com.cy/en/news/government-support-package-under-fire-for-short-term-fixes

The government's package of support measures has been criticized by the Pancyprian Association of Consumers and Quality of Life, which claims these solutions are only temporary and patchwork....

26. Assessing the dual impact of government's support measures

https://knews.kathimerini.com.cy/en/news/assessing-the-dual-impact-of-government-s-support-measures

Recent days have witnessed crucial discussions surrounding measures to support households and businesses, a pressing necessity given the prevailing circumstances....

27. New measures unveiled for energy and housing

https://knews.kathimerini.com.cy/en/news/new-measures-unveiled-for-energy-and-housing

In a decisive move to support Cyprus' households and businesses, the Council of Ministers, under the leadership of President Nikos Christodoulides, unveiled a comprehensive package of immediate and medium-term measures today....

28. Israeli-Hamas war puts Cyprus and Egypt at forefront of credit risks

https://knews.kathimerini.com.cy/en/news/israeli-hamas-war-puts-cyprus-and-egypt-at-forefront-of-credit-risks

Cyprus and Egypt are currently facing the most direct credit risks among countries rated by Scope Ratings due to the Israeli-Hamas conflict, warns the German firm....

29. Ireland's tax policies fill sovereign fund coffers

https://knews.kathimerini.com.cy/en/news/ireland-s-tax-policies-fill-sovereign-fund-coffers

Countries like Saudi Arabia, Norway, and Chile have long established their own sovereign-wealth funds....

30. The Israeli war's impact on economy and energy prices

https://knews.kathimerini.com.cy/en/news/the-israel-war-s-impact-on-economy-and-energy-prices

Economists have been examining the inevitable economic consequences of the war in Israel, particularly its influence on fuel and electricity costs....

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