Analysis-Russia's Arctic oil feels the chill from U.S. sanctions
Russia's vast Arctic oil business is facing major disruption from U.S. sanctions on its tankers and depots, stranding crude supplies previously snapped up by Asian buyers in storage, according to three sources familiar with its logistics.
Oil prices pull back after rising to their highest since August on Russia sanctions
Oil futures pulled back Tuesday, giving back some ground after a three-day rally boosted by a new round of U.S. sanctions on Russia’s oil industry lifted crude prices to four-month highs.
Oil Jumps on Fresh U.S. Sanctions Against Russia
Oil prices rose to their highest in more than four months as wider U.S. sanctions against Russia’s energy industry threaten to disrupt global supplies.
Oil hedging hit record high last week after new US sanctions on Russia
Demand to lock in oil and gas prices jumped to a record high on Friday on the AEGIS hedging marketplace, as the harshest U.S. sanctions yet on Russian energy trade sent oil prices to multi-month highs.
Oil futures settle at a 5-month high as U.S. tightens sanctions on Russian oil
U.S. and global benchmark crude-oil prices settled Monday at their highest since August as investors focused on the potential supply hit from further tightening of U.S. sanctions on Russia’s oil sector.
Oil Eases as Market Weighs U.S. Sanctions on Russia
Oil eased slightly in early trade after rallying to a multi-month high as the market weighs the impact of U.S. sanctions on Russian supplies.
Oil prices slip as Russia sanctions stay in focus
Oil prices slipped on Tuesday from the previous day's four-month highs but the market remained supported by continuing focus on the impact of new U.S. sanctions on Russian oil exports to key buyers India and China.
U.S. Oil Production Is Booming. Oil Jobs Are Not.
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as ...
Oil Prices Are on a Tear. It’s a Short-Term Headache for Inflation.
Consumers are likely to see higher prices on gasoline front-loaded in the first half of 2025 and then see a slowdown start to ...
The Czech Republic ends its energy dependence on Russian oil imports
The Czech Republic, Slovakia and Hungary are the only remaining European Union member states still receiving oil from Russia.
Peru's niche Bretaña crude oil gains popularity in US
Peru's niche Bretaña crude oil is gaining popularity in the United States, with the first cargo discharging in the U.S. Gulf ...
US and Canada Energy Stocks Diverge as Alberta Warns on Oil Tariffs
Canadian oil and gas stocks fell the most this year, even as US producers rallied, after Alberta’s premier warned that the ...
Supreme Court denies oil industry plea to block climate lawsuits filed by California, other blue states
WASHINGTON — The Supreme Court dealt a major setback to the oil industry on Monday, refusing to block lawsuits from ...
Supreme Court declines to hear from oil and gas companies trying to block climate change lawsuits
The Supreme Court is declining to hear an appeal from oil and gas companies trying to block lawsuits seeking to hold the ...
Oil Tanker Rates Soar as Biden Sanctions Threaten Market Chaos
Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the ...
Your Olive Oil Isn't Just For Cooking. Here's How It Can Clean Your Kitchen
If you're only using olive for cooking, you're missing it on some of its benefits as a cleaning product. Here's how it can ...
Two women charged after Darwin grave spray-painted
Two women have been charged with criminal damage after Charles Darwin's grave in Westminster Abbey was daubed with orange ...