Oil prices gained over 4.6% on Monday as the market attempted to digest developments in the Middle East, and as the dollar weakened slightly. Brent oil prices climbed to $105.8 per barrel by 3:42 EST Monday, up […]
Despite Western sanctions on Russian oil, Russia has been able to export a lot of its oil to other buyers, notably China and Russia. A provision in the upcoming sixth sanctions package will soon prohibit […]
July 19 (Reuters) – The U.S. average retail gasoline price fell to $4.495 a gallon on Tuesday, slipping below $4.50 for the first time in nine weeks, data from the American Automobile Association (AAA) showed. […]
NEW DELHI, July 18 (Reuters) – Russia is seeking payment in United Arab Emirates dirhams for oil exports to some Indian customers, three sources said and a document showed, as Moscow moves away from the […]
LONDON, July 18 (Reuters) – Russia’s Gazprom has told customers in Europe it cannot guarantee gas supplies because of “extraordinary” circumstances, according to a letter seen by Reuters, upping the ante in an economic tit-for-tat […]
(Bloomberg) — Libyan Prime Minister Abdul Hamid Dbeibah said the country’s crude exports are on track for full resumption after months of outages as he justified his replacement of the state-run oil company’s leadership. All […]
LONDON, July 18 (Reuters) – Russia’s Gazprom has told customers in Europe it cannot guarantee gas supplies because of ‘extraordinary’ circumstances, according to a letter seen by Reuters, upping the ante in an economic tit-for-tat […]
Mongolia said July 18 it has negotiated with Russia’s Rosneft to purchase wholesale gasoline at discounts that will allow retail prices to be offered up to 35% below market prices, to ease cost of living […]
The attack on our reliable and affordable energy supplies is part treason and part act of war. Internal forces openly conspire to promote the interests of crony capitalists at the expense of the ambitious working […]
Quad countries, Australia, India, Japan, and the United States held a historic meeting where, for the first time in the group’s 18-year history, energy ministers convened. Taking part in the meeting was U.S. Secretary of […]
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