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US Sanctions May Impact Russian, Iranian Oil Supplies
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.
Brent crude jumps above $80 a barrel as investors weigh U.S. sanctions on Russian oil
Oil futures were up strongly Monday, with Brent crude on track for its first finish above $80 a barrel since August, as investors assess the potential hit to supply from a further tightening of U.S. sanctions on Russia’s oil sector.
US Sanctions May Impact Russian, Iranian Oil Supplies: IEA
A colder winter has pushed global oil demand higher while new US sanctions on Russia and Iran could tighten supplies from those countries, the International Energy Agency said Wednesday.
Biden, Trump and gulf of Mexico
What Biden's big ban on offshore oil and gas drilling means for NC and the East Coast
President Biden has permanently placed off limits significant portions of the country's outer continental shelf from future energy drilling activity.
How Trump May Be Able to Stop Biden’s Ban on New Offshore Drilling
President-elect Donald Trump said that when he takes office he will "immediately" reverse President Joe Biden's recent executive action making more than 625 million acres of U.S. coastal waters off limits for new offshore drilling.
Biden Bans Some Offshore Oil & Gas Drilling in Way That's Hard for Trump Admin to Undo
President Joe Biden is planning to ban the development of offshore oil and gas across 625 million acres of United States coastal waters in the Atlantic, Pacific and eastern Gulf of Mexico.
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
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 ...
1d
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 ...
Crude Oil Prices
16h
Can This Huge Oil Discovery Revive The Bakken Oil Boom?
U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...
2d
on MSN
Six EU countries call for lowering of G7 price cap on Russian oil
BRUSSELS (Reuters) -Six European Union countries on Monday called on the European Commission to lower the $60 per barrel ...
1d
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 product stocks saw further large weekly builds, according to data released by the ...
3h
Talos finds oil and gas at Katmai West #2 well in US Gulf of Mexico
The discovery has doubled the Katmai West field's proved reserves to an estimated 50 million barrels of oil equivalent gross.
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 ...
1d
Whitecap Resources: A Fully Covered 7%+ Dividend Yield From An Oil Producer
Whitecap Resources offers a generous dividend yield of over 7% and strong financial performance, making it an attractive ...
1d
Russian Oil Products Trapped at Sea by US Sanctions, LSEG Data Shows
Nearly 500,000 metric tons of Russian oil products are trapped on tankers hit by U.S. sanctions, LSEG data showed on ...
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