Oil

Crude Oil
Eni Suspends Russia Oil Purchase over Ukraine Invasion
Eni, which has already suspended its JVs with Russia’s Rosneft, has take-or-pay gas contracts with Russian energy firm Gazprom.
Oil & Gas Supply
Iraq's Oil Supply Compatible with Global Demand
Iraq said on Wednesday that its crude oil exports are in line with the consumption in the world oil market, ruling out the need to increase oil production.
OPEC
G7 Energy Ministers Call on OPEC to Play 'Key Role' in Boosting Oil Supplies
G7 energy ministers on March 10 called on OPEC to "play a key role" in boosting oil supplies to international markets where production is not meeting full capac…
Oil Price
Petrol Prices to ‘Keep Climbing’
Sky News business reporter Edward Boyd says US inflation has hit a 40 year high, with fuel prices up 38 per cent.
Electric Car
Why Russia’s Invasion and Surge in Oil and Metals Prices is Bad News for EVs
The cost of filling up the tank of an internal combustion engine car will make people think about going electric.
Joe Biden
$4 Gasoline Could Lead to Demand Destruction in the U.S.
More than half of all Americans said they would change their driving habits or lifestyle if the cost of gasoline rose to $4 per gallon, new AAA survey data show…
Crude Oil
Canada Looking at Boosting Oil Pipeline Flows to U.S., Minister Says
Canada is studying ways to increase pipeline utilization to boost crude exports as Europe seeks to reduce its dependence on Russian oil, the country's natural r…
Crude Oil
Biden Walks Tightrope Between Need for Oil and Push to Go Green
With the war in Ukraine causing oil prices to soar, US President Joe Biden's administration is treading a fine line between staying true to its commitment to cl…
Crude Oil
Ukraine Crisis Provides 'Renewed Focus' on Gulf Hydrocarbons
Saudi Arabia, Qatar and UAE are all set to capitalise on the realignment of global energy and Europe's diversification of Russian energy supplies.
Carbon Pricing
Ukraine Invasion Crashes Carbon Credit Prices
The Russian invasion of Ukraine roiled financial markets across the world, and the European carbon credit market was no exception. As the price of oil surged, c…
Crude Oil
Norway's Equinor Halts Trading Russian Oil
Norwegian state oil company Equinor has stopped trading Russian oil as it winds down operations there in the wake of Moscow's invasion of Ukraine, Chief Executi…
Oil Price
Oil Extends Losses; Russia to Fulfil Supply Contracts
Oil extends losses by nearly 2% after 13% plunge on Wednesday. Russia pledges to fulfil contractual obligations
Oil Price
Oil Futures: Brent Rebounds amid OPEC+ Output Uncertainty, Above $ 115/b
Crude oil futures in early European trading hours Thursday were trending higher as markets stabilized after the previous session's huge price retreat, which cam…
Oil Price
EIA Hikes Oil Price Forecast To $105 This Year
The Energy Information Administration (EIA) said in its latest Short-Term Energy Outlook (STEO), significantly raising its February forecast of $82.87 after Rus…
Oil Exploration
PM of Barbados Defends Country’s Oil and Gas Exploration
Prime Minister Mia Mottley has defended Barbados’ plans to resume fossil fuel exploration off its coast, saying that developing nations deserved “equity” and…

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Oil

Eni Suspends Russia Oil Purchase over Ukraine Invasion

Iraq's Oil Supply Compatible with Global Demand

G7 Energy Ministers Call on OPEC to Play 'Key Role' in Boosting Oil Supplies

Petrol Prices to ‘Keep Climbing’

Why Russia’s Invasion and Surge in Oil and Metals Prices is Bad News for EVs

$4 Gasoline Could Lead to Demand Destruction in the U.S.

Canada Looking at Boosting Oil Pipeline Flows to U.S., Minister Says

Biden Walks Tightrope Between Need for Oil and Push to Go Green

Ukraine Crisis Provides 'Renewed Focus' on Gulf Hydrocarbons

Ukraine Invasion Crashes Carbon Credit Prices

Norway's Equinor Halts Trading Russian Oil

Oil Extends Losses; Russia to Fulfil Supply Contracts

Oil Futures: Brent Rebounds amid OPEC+ Output Uncertainty, Above $ 115/b

EIA Hikes Oil Price Forecast To $105 This Year

PM of Barbados Defends Country’s Oil and Gas Exploration