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.
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 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 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 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 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.
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.
Norway awards 53 stakes in latest offshore oil, gas exploration round
Norway on Tuesday awarded stakes in 53 offshore oil and gas exploration licences to 20 companies in its annual licensing ...
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 ...
Ukraine says it has hit one of Russia’s largest oil refineries in a drone strike
Ukraine claimed Saturday to have struck one of Russia’s largest oil refineries in a drone attack, starting a fire at 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 ...
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 ...
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 ...
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 ...