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Oil Eases
Oil rallies, settles at multi-month high on US crude draw, Russia sanctions
Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply disruptions caused by new U.S. sanctions on Russia, while a Gaza ceasefire deal limited gains.
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 driven in part by a new round of U.S. sanctions on Russia’s oil industry.
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.
climate change, Honolulu and oil companies
US Supreme Court rejects bid by oil companies to toss Honolulu's climate suit
The U.S. Supreme Court declined on Monday to hear a bid by Sunoco and other oil companies to scuttle a lawsuit by Honolulu accusing them of misleading the public for decades about the dangers of climate change induced by the burning of fossil fuels.
Supreme Court denies bid by oil firms to end Honolulu’s suit, Reuters says
A bid to the U.S. Supreme Court by major oil companies to end a lawsuit from Honolulu accusing the oil companies of “misleading the public for
Supreme Court declines to hear from oil companies trying to block climate change lawsuits
The Supreme Court said Monday it won’t hear an appeal from oil and gas companies trying to block lawsuits seeking to hold the industry liable for billions
57m
Oil prices end higher as traders weigh demand prospects, supply risks
Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part ...
6h
US Crude oil stocks excluding SPR fall to 2-year low, EIA says
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
6h
on MSN
Gas prices will fall in the next 2 years as global oil supply outpaces demand, EIA says
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
5h
on MSN
U.S. Crude Oil Stockpiles Extend Decline
U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...
6h
on MSN
Oil rises as traders assess sanctions impact
Oil prices rose on Wednesday as the market focused on potential supply disruptions from U.S. sanctions on Russian energy ...
2d
on MSN
Oil Prices Climb Above $80 Per Barrel Amid Biden's Latest Sanctions
Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy ...
1d
Why Oil Industry Jobs Are Down, Even With Production Up
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as ...
3h
on MSN
Chevron says no commercial oil, gas found at Namibia exploration well
Chevron said on Tuesday that it did not find commercial hydrocarbon reserves in an exploration well in Namibia's Orange Basin ...
7h
on MSN
IEA Trims Oil-Demand Outlook, But Still Expects Stronger Growth This Year
The International Energy Agency slightly lowered this year’s global oil-demand outlook, but said it still expects growth to ...
1d
How Shifting Presidential Policies Affect the Oil And Gas Industry
In the U.S., energy policies can change dramatically with each new president, creating a lot of uncertainty for industries ...
16h
on MSN
Finland had 12 minutes left to stop a Russia-linked oil tanker from dealing 'much worse' damage to its undersea cables, president says
"Had it continued for another 12 minutes, the carnage would have been much worse than the four basic cables that were there," ...
12h
on MSN
Iraq and BP to sign Kirkuk oil and gas deal by first week of Feb, oil minister says
Iraq and British oil major BP will sign a mammoth deal covering four Kirkuk oil and gas fields by the first week of February, ...
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