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Latest US Sanctions on Russian Oil Are a Big Deal
Ratcheting up sanctions on Russian oil may be the key to Trump's plan to end the war in Ukraine
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
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 sanctions to date meant to cut off funding for Moscow’s war against Ukraine.
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.
1d
on MSN
Here's what Trump could do to boost the oil and gas industry on day one of his new term
President-elect Trump is gearing up to support the oil and gas industry by directing agencies to unwind climate rules ...
3d
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 ...
1d
on MSN
Big Oil celebrates the return of Trump. Clean energy braces for trouble
Donald Trump is heading back to the White House, promising to turbocharge American fossil fuels by slashing red tape.
3d
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 ...
13h
on MSN
Oil prices score a 4th straight weekly gain on supply fears
Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia’s energy ...
2d
on MSN
South Korea considering buying more US oil and gas, industry minister says
South Korea is interested in importing more U.S. oil and gas to diversify energy sources and ensure stable supplies given ...
1d
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
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 ...
4d
on MSN
Supreme Court denies oil industry plea to block climate lawsuits filed by California, other blue states
WASHINGTON — The Supreme Court dealt a major setback to the oil industry Monday, refusing to block lawsuits from California ...
Crude Oil Prices
8d
Trudeau's Exit Sparks Oil Industry Optimism in Canada
Canada's oil industry is poised for growth as Alberta expands production and pipelines, while Trudeau's resignation signals a ...
The Financial Express
1d
Hydrocarbon industry seeks cut in cess on oil production, regulatory reforms
The county’s
oil
and gas
industry
has sought supportive regulatory reforms to compensate for losses incurred by ...
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