China is boosting imports of Russian ESPO crude from the Far East.
The European Commission is considering an embargo of Russian oil.
In 2020, the company got a loss of UAH 19 billion.
Prime Minister Viktor Orban’s government told EU counterparts that it will cost at least $810 million to revamp Hungary’s oil industry.
The limited changes will allow Chevron Corp to negotiate its licence with the state-owned oil company, Petroleos de Venezuela.
This is the first time since the EU sanctions against Lukashenko became effective.
Surging cases of the Omicron coronavirus variant raised fears new curbs may hit fuel demand.
Commercial oil stocks in the United States last week decreased by 4.5 million barrels.
The NSDC presented an open system for monitoring state subsoil.
Oil prices fell for a third day straight on Wednesday on growing expectations that supply growth will outpace demand growth next year.