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HomeBiden

Biden

Crude Oil News

Saudi crown prince plays the oil card in quest for U.S. recognition

March 7, 2022 Andy Del Prado

DUBAI (Reuters) – Saudi Arabia’s crown prince says he simply doesn’t care whether Joe Biden misunderstands him. The prince is instead looking to his oil power to deliver his goals, according to sources familiar with […]

Bloomberg - JPMorgan says 185 oil is in view if Russian Supply hit persists
Commodities

JPMorgan Says $185 Oil Is in View If Russian Supply Hit Persists

March 4, 2022 Stu Turley

66% of Russian oil is struggling to find buyers currently Oil prices have surged above $110 as buyers shun Russia output Brent crude could end the year at $185 a barrel if Russian supply continues […]

Investors regain risk appetite; dollar, oil pare gains after Ukraine invasion
Finance

Investors regain risk appetite; dollar, oil pare gains after Ukraine invasion

March 2, 2022 Mariel Alumit

Crude futures gain but pull back from session highs above $100 MSCI global stock index closes down 0.46%, gold erases rally Wall Street rallies, Treasury yields pare losses NEW YORK, Feb 24 (Reuters) – Investors […]

UK
Energy Policy

Ukraine invasion triggers rhetoric for both sides in US energy debate

March 2, 2022 Mariel Alumit

WASHINGTON (Tribune News Service) — Both sides in the debate over how fast the U.S. should shift to renewable energy sources are finding ammunition in Russia’s invasion of Ukraine. Republicans and fossil fuel defenders who […]

oil and gasoline prices
Crude Oil News

White House Quietly Calls On U.S. Oil Companies To Increase Production

March 1, 2022 Mariel Alumit

In a move that likely angered his environment-conscious base, the White House has issued a muted request for U.S. oil companies to increase crude oil production in the wake of high crude oil and gasoline […]

Gas Price - ENB
International News

Five ways that Biden could help reduce spiking consumer costs at the pump

February 21, 2022 Mariel Alumit

We’re spending more on gasoline this month, and this year. In the first half of February, the price of the U.S. oil benchmark, WTI, climbed to an eight-year high of $95 per barrel, from $88. This rapid […]

Putin and Belarusian President observe training launches of ballistic missiles
International News

Putin launches nuclear drills as U.S. says Russia poised to invade Ukraine

February 19, 2022 Stu Turley

U.S. says Russian forces near Ukraine beginning to ‘uncoil’ Separatists in East Ukraine call for military mobilization Kremlin says Putin starts nuclear drills, no plan to invade (Reuters) – Russia’s President Vladimir Putin launched exercises […]

an open coal mine in India - ENB
Climate Crisis

The Great Climate Backslide: How Governments Are Regressing Worldwide

February 16, 2022 Stu Turley

At the conclusion of COP26 in November, summit chairman Alok Sharma praised the “heroic efforts” by nations showing they can rise above their differences and unite to tackle climate change, an outcome he said “the […]

Putin - tells Biden he would review ideas.
International News

Putin told Biden his ideas do not tackle main Russian concerns

February 13, 2022 Stu Turley

Russian leader Vladimir Putin told U.S. President Joe Biden that Moscow would review ideas he laid out to address Russia’s security demands in a phone call on Saturday, but that they still did not tackle […]

EIA News

U.S. sees record oil production next year moving even higher

February 9, 2022 Mariel Alumit

(Bloomberg) — U.S. oil production will grow even more than the government previously expected as a scorching price rally drives producers to boost drilling. Oil output will average 12.6 million barrels a day in 2023, […]

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