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Oil Eases
Oil rises as traders assess sanctions impact
Oil prices rose on Wednesday as the market focused on potential supply disruptions from U.S. sanctions on Russian energy companies and tankers carrying Russian oil. Brent crude futures were up 65 cents,
Oil Eases as Market Weighs U.S. Sanctions on Russia
Oil eased slightly in early trade after rallying to a multi-month high as the market weighs the impact of U.S. sanctions on Russian supplies.
What The Latest Russia Sanctions Mean For Oil Markets
The outgoing Biden administration fired a parting salvo of enhanced sanctions at Russia last Friday, January 10. In so doing, it surprised the oil market and shifted the prevailing bearish market zeitgeist.
Finland, Oil tanker
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," Finnish President Alexander Stubb said.
Oil tanker sabotage crew were poised to cut more cables when caught, Finland says
By Anne Kauranen HELSINKI (Reuters) -Crew on board an oil tanker accused of sabotaging undersea power and communications cables in the Baltic Sea were poised to cut other cables and pipelines when Finnish authorities boarded the vessel last month,
Oil tanker crew planned more cable sabotage before capture, Finland says
Finnish investigators say the crew of an oil tanker accused of damaging undersea power and communication cables in the Baltic Sea were preparing to cut additional infrastructure before authorities intervened,
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
Russia's oil exports fell in 2024, but revenue rose $3.8 billion, IEA says
Russia's crude oil and oil products exports fell 350,000 barrels per day last year, though revenue from its exports rose 2% ...
1h
on MSN
Oil is no longer an energy security challenge as critical minerals take center stage, Saudi minister says
"Countries are racing to access critical minerals and secure their own supply chain," the Saudi energy minister told ...
1h
on MSN
Oil prices climb as traders weigh OPEC and IEA demand forecasts
Oil futures were up modestly Wednesday, finding support after snapping a three-day winning streak that had been driven in ...
1h
US Crude oil stocks excluding SPR fall to 2-year low, EIA says
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
20h
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 ...
22h
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 ...
4h
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 ...
21h
Oil Glut Will Expand in 2026 as OPEC Output Rebounds, EIA Says
Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana ...
1d
on MSN
Oil prices pull back after hitting 4-month highs on Russia sanctions
Oil futures pulled back Tuesday, giving back some ground after a three-day rally boosted by a new round of U.S. sanctions on ...
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