CITGO compels insurers to pay $54 million for Venezuela oil cargo loss
CITGO, anticipating potential risks, had secured a marine cargo insurance policy from a syndicate of major reinsurers, including several Lloyd’s…
Tag: Oil
Oil Prices Are Falling. Here’s Where That Could Spell Trouble.
Oil producing countries are bracing for a bumpy ride this year, with a precipitous drop in prices to the lowest…
Slumping Oil Prices Reflect Intensifying Economic Worries
Oil prices continued to fall on Friday, extending Thursday’s sharp drop. Brent crude, the international benchmark, traded at its lowest…