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Oil, sanctions
Oil gains capped by uncertainty over sanctions impact
Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian tankers, though gains were tempered by a lack of clarity on their impact. Brent crude futures rose 29 cents,
Oil Edges Higher Amid Uncertainty About Effect of U.S. Sanctions
Oil prices were edging up as traders await more clarity on the effect of U.S. sanctions on Russia. Brent crude was up 0.4% at $80.22 a barrel, while WTI was up 0.5% to $76.74 a barrel. Further gains are also being capped by reports of a potentially imminent cease-fire deal between Israel and Hamas.
US Sanctions to Have 'Significant' Impact on Russian Oil
The latest US sanctions have the potential to significantly disrupt Russia's energy exports, the International Energy Agency said. "We're waiting to see how things will unfold before putting a number on it,
Oil inches up, but uncertainty over sanctions impact caps gains
Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions from sanctions on Russian tankers, though gains were capped as the market awaited more clarity on their impact.
climate change, Oil and Honolulu
Supreme Court Allows Climate Lawsuits to Proceed Against Oil Companies
Oil and gas companies are grappling with a surge of lawsuits accusing them of misleading the public about fossil fuels' role in driving climate change.
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
Russian Oil, Czech Republic
The Czech Republic Ends Its Energy Dependence on Russian Oil Imports
The Czech government says the country has boosted its energy security by completing a project to finish its dependence on oil delivery from Russia
Czech Republic's need for Russian oil ended by pipeline upgrade
Upgrades to boost the capacity for oil deliveries to the Czech Republic via the TAL pipeline are complete, ending the country's need to import Russian crude, Prime Minister Petr Fiala said on Tuesday.
Czechia: Czech Republic confirms that it is ready to stop importing crude oil from Russia
The Czech Republic announced this Tuesday that it no longer depends on Russian oil, after the expansion of the capacity of the Transalpine Pipeline (TAL) was completed, reported Prime Minister Petr Fiala.
1h
Oil tycoon Shvidler says UK sanctions are arbitrary in landmark appeal
A billionaire oil tycoon tried again on Wednesday to overturn British sanctions imposed over Moscow's invasion of Ukraine in ...
51m
Russian Oil Products Trapped at Sea by US Sanctions, LSEG Data Shows
The vessels under the latest U.S. sanctions include nine tankers that loaded oil products at Russian Baltic and Black Sea ...
20m
on MSN
IEA Cuts 2025 Oil Demand Growth Forecast Moderately
The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...
17h
U.S. Oil Production Is Booming. Oil Jobs Are Not.
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as ...
2h
on MSN
Russia offers to provide LNG, crude oil to Vietnam
Russia is willing to help develop Vietnam's nuclear power sector and provide it with crude oil and LNG, the two countries ...
7h
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," ...
17h
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
Oil ends lower after a 3-day rally lifted prices to their highest since August
Oil futures pulled back Tuesday, giving back some ground after a three-day rally driven in part by a new round of U.S.
3h
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 ...
14h
2025 U.S. Oil Outlook: Don’t Count On A ‘Drill Baby Drill’ Mentality
Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...
1d
Norway awards 53 stakes in latest offshore oil, gas exploration round
Norway on Tuesday awarded stakes in 53 offshore oil and gas exploration licences to 20 companies in its annual licensing ...
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