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12° Nicosia,
28 March, 2024
 

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Displaying results 91-120 of 180 matches for query oil price.

91. ECB hikes up interest rates 75 basis points to 1.25%

https://knews.kathimerini.com.cy/en/business/ecb-hikes-up-interest-rates-75-basis-points-to-1-25

The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday and signalled further hikes, prioritising the fight against inflation even as the bloc's economy is heading for a likely winter recession....

92. 80m euros per year in fuel tax is lost to the occupied areas

https://knews.kathimerini.com.cy/en/news/80m-euros-per-year-in-fuel-tax-is-lost-to-the-occupied-areas

The issue of fuel supply from the occupied territories seems to be taking on a dimension of its own as the Association of Petrol Distributors is preparing to file a complaint with the European Union....

93. EU plans to cap gas prices risking cutoff from Russia

https://knews.kathimerini.com.cy/en/news/eu-plans-to-cap-gas-prices-risking-cutoff-from-russia

The European Union proposed a price cap on Russian gas on Wednesday hours after President Vladimir Putin threatened to halt all supplies if they took such a step, raising the risk of rationing in some of the world’s richest countries this winter....

94. Oil prices retreat to pre-Russian invasion levels

https://knews.kathimerini.com.cy/en/news/oil-prices-retreat-to-pre-russian-invasion-levels

Crude oil prices retracted to levels before Russia's invasion of Ukraine on Wednesday with Brent oil prices falling below $90 a barrel amid concerns of an impending economic downturn....

95. Euro-dollar exchange falls to a 20-year low

https://knews.kathimerini.com.cy/en/business/euro-dollar-exchange-falls-to-a-20-year-low

The escalation of the energy crisis with Moscow's aggressive, albeit predictable, decision to close the Nord Stream 1 pipeline indefinitely has led to a new fall in the euro, this time below 99 cents on the dollar....

96. Russia has amassed huge profits from fuel despite sanctions

https://knews.kathimerini.com.cy/en/news/russia-has-amassed-huge-profits-from-fuel-despite-sanctions

Russia has amassed €158 billion in revenues from fossil fuel exports in the six months of its war against Ukraine, benefiting from high prices, according to a study by an independent think tank published today, which calls for more effective sanctions....

97. Russia says no to oil price caps, warns of cut off

https://knews.kathimerini.com.cy/en/news/russia-says-no-to-oil-price-caps-warns-of-cut-off

The Kremlin said on Friday that Russia would stop selling oil to countries that impose price caps on Russia's energy resources - caps that Moscow said would lead to significant destabilization of the global oil market....

98. Pakistan's floods fueled by its melting glaciers

https://knews.kathimerini.com.cy/en/news/pakistan-s-floods-fueled-by-its-melting-glaciers

A series of extreme floods have utterly devastated the South Asian nation, which is home to some 225 million people, washing away roads and buildings, destroying farms, and stranding hundreds of thousands. ...

99. What is causing the unexpected drop in global food prices?

https://knews.kathimerini.com.cy/en/news/what-is-causing-the-unexpected-drop-in-global-food-prices

Six months after Russia's invasion of Ukraine, the inflationary shock is still causing a "headache" for markets, government staff and households, with the price of natural gas hitting new record levels yesterday....

100. Turkey doubles Russian oil imports, filling EU void

https://knews.kathimerini.com.cy/en/news/turkey-doubles-russian-oil-imports-filling-eu-void

Turkey doubled its imports of Russian oil this year, Refinitiv Eikon data showed on Monday, as the two countries are set for broader cooperation in business and especially energy trade in the face of western sanctions against Moscow....

101. EAC: This is how corrections will be made on erroneous accounts

https://knews.kathimerini.com.cy/en/news/eac-this-is-how-corrections-will-be-made-on-erroneous-accounts

Since errors in electricity bills were discovered, the Electricity authority has received thousands of Viber and WhatsApp messages and emails with photos and meter numbers from panicked consumers trying to report the problem on their own bills....

102. Fuel a whopping 60% more expensive in 2022

https://knews.kathimerini.com.cy/en/news/fuel-a-whopping-60-more-expensive-in-2022

Cyprus Minister of Health, Michalis Hadjipantela, is in contact with his counterparts in neighboring countries, asking them to supply Cyprus with vaccines for monkeypox, the Minister's Communications Advisοr Konstantinos Athanasiou told CNA....

103. Russia sending money to Turkey for the $20 Billion Akuyo nuclear plant

https://knews.kathimerini.com.cy/en/news/russia-sending-money-to-turkey-for-the-$20-billion-akuyo-nuclear-plant

A Russian state-owned company is transferring money to a subsidiary that’s building a $20 billion nuclear power plant on Turkey’s Mediterranean coast, alleviating concerns the project could be delayed by war sanctions....

104. Ukraine grain export coordination center opens in Istanbul

https://knews.kathimerini.com.cy/en/news/ukraine-grain-export-coordination-center-opens-in-istanbul

Turkish Defence Minister Hulusi Akar on Wednesday unveiled a center in Istanbul to oversee the export of Ukrainian grains after a landmark U.N. deal last week, with the first shipment expected to depart from Black Sea ports within days....

105. Ukraine, Russia set to sign deal on resuming grain exports

https://knews.kathimerini.com.cy/en/news/ukraine-russia-set-to-sign-deal-on-resuming-grain-exports

Russian and Ukrainian officials were poised Friday to sign deals designed to clear millions of tons of desperately needed grain for export, ending a standoff brought on by the war in Ukraine that threatened food security around the globe....

106. Germany dims lights as it leads Europe in saving energy

https://knews.kathimerini.com.cy/en/news/germany-dims-lights-as-it-leads-europe-in-saving-energy

Summer nights in the wealthy Bavarian city of Augsburg this year are eerily dark and quiet: The facades of historic buildings are not illuminated, street lights are dimmed and most of the fountains are not operating....

107. Cost of basic consumer goods continues to rise

https://knews.kathimerini.com.cy/en/news/cost-of-basic-consumer-goods-continues-to-rise

Prices of the vast majority of basic consumer goods continued their steady rise. Between June 8 to July 13, the largest increase was recorded in Vegetables (greenhouse cucumbers) reaching 52.2%, ...

108. EAC: Electricity rates to be increased by 24%

https://knews.kathimerini.com.cy/en/news/eac-electricity-rates-to-be-increased-by-24

The Cyprus Electricity Authority's pricing plans are expected to be approved by the Cyprus Energy Regulatory Authority in the coming days, EAC spokesperson Christina Papadopoulou told CNA on Tuesday....

109. 'Nightmare' scenario for Europe as Russia shuts off gas pipeline

https://knews.kathimerini.com.cy/en/business/nightmare-scenario-for-europe-as-russia-shuts-off-gas-pipeline

The main natural gas pipeline between Russia and Germany shut down for scheduled maintenance Monday, raising concerns that Moscow could use the repairs as a pretext for a longer shutdown as it wields energy supplies as leverage in the Ukraine war....

110. EU to make solar panels mandatory on all new buildings

https://knews.kathimerini.com.cy/en/news/eu-to-make-solar-panels-mandatory-on-all-new-buildings

Solar panels could soon be mandatory on all new buildings in the European Union under a new proposal aimed at rapidly replacing its reliance on Russian oil and gas supplies with renewable energy....

111. Nicosia jittery about US demand to ban vessels

https://knews.kathimerini.com.cy/en/news/nicosia-jittery-about-us-demand-to-ban-vessels

The Republic of Cyprus reportedly has concerns over a US request to ban vessels transporting Russian oil, with the small island but major maritime player feeling pressure as Washington leads a G7 effort to sharply reduce Russian oil revenue...

112. EU leaders tackle inflation, energy shocks from Russia’s war

https://knews.kathimerini.com.cy/en/news/eu-leaders-tackle-inflation-energy-shocks-from-russia-s-war

A day after endorsing Ukraine’s candidacy to join the European Union, the bloc’s leaders turned their attention Friday to the severe economic turbulence looming over the coming months as the full impact of Russia’s war sinks in and the threat of recession rises....

113. Russia accuses West of spreading lies about cause of world's food crisis

https://knews.kathimerini.com.cy/en/news/russia-accuses-west-of-spreading-lies-about-causes-of-world-s-food-crisis

Russia on Wednesday said the West was spreading lies about the causes of the global food crisis which Moscow said was being stoked by the sanctions imposed on Russia by the United States and European Union due to the invasion of Ukraine....

114. Europe must be prepared for total Russian gas cut-off this winter

https://knews.kathimerini.com.cy/en/news/europe-must-be-prepared-for-total-russian-gas-cut-off-this-winter

The International Energy Agency has warned that Europe must prepare immediately for the complete severance of Russian gas exports this winter, urging governments to take measures to cut demand and keep aging nuclear power stations open....

115. Big disparity of fuel prices on the island

https://knews.kathimerini.com.cy/en/news/big-disparity-of-fuel-prices-on-the-island

The highest price for Diesel has reached €1.999 in Cyprus, according to the Consumer Protection Service's Fuel Retail Price Observatory. ...

116. Central banks across Europe jack up interest rates to fight inflation

https://knews.kathimerini.com.cy/en/news/central-banks-across-europe-jack-up-interest-rates-to-fight-inflation

Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings and squeezing corporate profits....

117. Looking for answers

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-looking-for-answers

There are many major issues that need to be addressed, many of them divisive, before a new president is to be elected in Cyprus. ...

118. Europe agrees to ban 90% of Russian oil

https://knews.kathimerini.com.cy/en/news/europe-agrees-to-ban-90-of-russian-oil

European Union leaders agreed Monday to embargo most Russian oil imports into the bloc by year-end as part of new sanctions on Moscow worked out at a summit focused on helping Ukraine with a long-delayed package of new financial support....

119. Zelenskiy: 'Stop playing around with Russia, end war'

https://knews.kathimerini.com.cy/en/news/zelenskiy-stop-playing-around-with-russia-end-war

President Volodymyr Zelenskiy urged the West to stop playing around with Russia and impose tougher sanctions on Moscow to end its "senseless war" in Ukraine, adding his country would remain independent, the only question was at what price....

120. A new billionaire nearly every day during the pandemic

https://knews.kathimerini.com.cy/en/business/a-new-billionaire-nearly-every-day-during-the-pandemic

Some 573 people have joined the billionaire ranks since 2020, bringing the worldwide total to 2,668, according to an analysis released by Oxfam on Sunday. ...

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