Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort
The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...
US to impose sanctions on Russian oil fleet and traders, document shows
NEW DELHI/LONDON - The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a ...
Salvage complete of tanker at center of oil spill scare after being hit by Houthi rebels in Red Sea
An oil tanker that burned for weeks in the Red Sea after being attacked by Yemen's Houthi rebels and threatening a massive ...
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Dangote Petroleum Refinery is constructing eight additional tanks to boost storage capacity for imported crude oil by 1 billion litres.
The construction of eight additional tanks will increase crude storage capacity at the $20 billion Dangote Petroleum Refinery ...
Oil jumps more than 4%, Brent breaks $80 as traders worry about tougher Russia sanctions
Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...
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The Oil Bulls Are Back as Brent Breaks $80
Oil prices have started the year rallying aggressively, with Brent breaking $80 on Friday morning for the first time since October 7th.
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Oil prices soar on talk of extra Russian sanctions, cold weather
An ongoing polar vortex caused cold weather in several regions of the U.S. and Europe, with snowstorms sweeping across the ...
U.S. Oil Production Will Disappoint Again In 2025
One of the biggest misconceptions in the oil market is the perceived growth in non-OPEC+ oil supplies moving forward, ...
Oil jumps more than 3% on concern over more sanctions on Russia and Iran
Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply ...
Middle East latest: Body recovered in Gaza confirmed to be 23-year-old Hamzah AlZayadni
Israel’s army confirmed Friday that one of the bodies recovered from Gaza earlier this week was that of 23-year-old hostage Hamzah AlZayadni. His body was retrieved with that of his father, Yosef ...
Five Ways President Trump Can Turn Energy Dominance Into Reality
Critics dismiss Donald Trump's 'energy dominance' as unachievable, but though market forces largely drive drilling, his team ...