China’s banking and insurance regulator announced on Thursday that a new insurer has been set up to take over the assets of Anbang Insurance Group as part of stronger regulatory efforts to manage financial risk.
Oil prices finished lower on Thursday after the Organization of the Petroleum Exporting Countries (OPEC) cut demand forecast for its crude oil next year.
China’s insurance regulator said Thursday that the newly created Dajia Insurance Group will take over several of Anbang Insurance Group Co. Ltd’.s subsidiaries, the latest move in restructuring the fallen financial star since it was seized by the government.
A recent rebound in U.S. crude-oil prices back above the closely watched psychological level of $60 is increasing focus on gauges of market momentum, the latest swing in a topsy-turvy 2019 for energy markets.
Plans to build a research nuclear reactor in Bolivia are unique, Russian President Vladimir Putin said on Thursday after talks with his Bolivian counterpart Evo Morales.
Decline in gasoline prices was noted in three locations in Russia: in Nalchik – by 0.2%.
By October 2018, the adopted as the baseline in the OPEC + agreement, the participating OPEC countries (Iran, Libya and Venezuela are exempt from the transaction) reduced total production by 991,000 barrels per day.
Commercial oil and petroleum product reserves of the Organization for Economic Cooperation and Development (OECD) countries in May 2019 increased by 41.5 mln barrels relative to April and reached 2.925 bln barrels.
Naftogaz Invites Tender For Procurement Of Legal Services To Protect Company’s Interests In Foreign Jurisdictions For UAH 30 Million
The company said this in a statement, Ukrainian News Agency reports.
Russia’s monopoly watchdog sees no reason for unscheduled revision of tariffs for Transneft in Belarus
Russia’s Federal Antimonopoly Service (FAS) still sees no reason for an unscheduled revision of tariffs for the pipeline operator Transneft on transit through the territory of Belarus, a source in the regulator’s press service told TASS on Thursday.