The EU earlier agreed to a 15th package of sanctions intended to target Russia’s shadow fleet (which has helped it bypass the $60 per barrel price cap imposed by the G7) and Chinese firms making ...
Oil prices rose above $70 for the first time in two weeks, fueled by expectations of tighter supplies and lower interest rates boosting fuel demand. West Texas Intermediate rose four of five trading ...
Oil prices climbed about 2% on Friday to settle at a three-week high, on expectations that additional sanctions on Russia and Iran could tighten supplies and that lower interest rates in Europe and ...
The election of Donald Trump to another term in the White House is widely seen as a win for the oil and natural gas industry. "Natural gas production will continue to skyrocket in the Trump ...
The price of Iranian crude oil sold to China has risen to the highest in years as fresh U.S. sanctions have tightened shipping capacity and driven up logistics costs.