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Oil retreats slightly
India is staring at an oil shock as U.S. sanctions on Russian crude loom
India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's oil industry.
Oil retreats slightly after boost from US crude draw, Russia sanctions
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest sanctions targeting Russia and a larger than forecast fall in U.S. crude stocks.
Trump Team Readies Oil Sanctions Plan for Russia Deal, Iran Squeeze
Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine diplomatic accord in the coming months while at the same time squeezing Iran and Venezuela,
Russia, Oil Depot and Voronezh Oblast
Ukrainian drones hit Russian oil depot in Voronezh Oblast, military claims
According to the military, the targeted oil depot stored fuel, which was used for the needs of the Russian army. The statement came after Russian reports of the oil depot on fire in Voronezh Oblast. The village of Liski in Voronezh Oblast lies over 150 kilometers (98 miles) east of the Ukrainian border.
Ukraine Confirms Attack On Oil Depot In Western Russia
Ukraine confirmed Thursday that its forces had struck an oil depot in western Russia where officials earlier said Kyiv's drones had sparked a blaze in the Voronezh region.
Ukraine's Armed Forces destroy Russian oil depot in Voronezh Oblast
At least three strike drones hit the Liskinsk oil depot in Russia's Voronezh Oblast, causing a large fire, according to Ukraine’s military. The depot, owned by Russian corporation Rosneft, stored fuel used by Russian occupation forces.
9h
on MSN
Oil ends lower, with U.S. prices failing to hold above $80 a barrel
Oil futures settled lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries ...
17h
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 ...
2d
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 ...
7h
Tanker under US sanctions discharges oil at Chinese port, LSEG data shows
A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...
2d
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 ...
2d
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," ...
1d
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 ...
9h
Biden Administration Creates Final Limits for Oil Drillers in Alaska
Republicans said they were seeking ways to quickly reverse the restrictions in the state’s North Slope region.
1d
Has China already reached peak oil?
In his 10 years in charge, Nasser has seen the value of Saudi oil exports to China more than triple, to a record $56bn in ...
16h
on MSN
Oil giant BP axing thousands of jobs
BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told ...
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